Redburn Atlantic Initiates Broadcom (AVGO) at Buy With $301 Target, Citing AI Growth Potential

We recently published a list of 12 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other AI stocks on latest news and ratings.

On May 28, Redburn-Atlantic began coverage on Broadcom Inc. (NASDAQ:AVGO) with a “Buy” rating and set a price target of $301. Broadcom is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets.

Redburn…