By Vardah Gill
Publication Date: 2026-03-10 17:10:00
Broadcom Inc. (NASDAQ:AVGO) is included among the 14 Stocks on the Verge of Becoming Dividend Aristocrats.
On March 5, RBC Capital Markets raised its price recommendation on Broadcom Inc. (NASDAQ:AVGO) to $360 from $340. The firm reiterated a Sector Perform rating on the shares. The analyst said the company’s Q2 outlook looked solid. The commentary around FY27 was even more bullish, according to the research note. RBC also pointed to Broadcom’s history of consistent execution. Based on that track record, the firm said it sees little reason to question management’s visibility.
During the company’s Q4 2025 earnings call, CEO Hock Tan said total revenue for Q1 2026 reached a record $19.3 billion. That marked a 29% increase from a year earlier. Tan said the stronger-than-expected results were driven largely by higher growth in AI semiconductors. He also reported that…
