Broadcom stock PT raised to $1550 at Susquehanna, citing AI and VMware potential
Broadcom stock PT raised to $1550 at Susquehanna, citing AI and VMware potential Source link
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Broadcom stock PT raised to $1550 at Susquehanna, citing AI and VMware potential By Investing.com
© Reuters. On Wednesday, Susquehanna maintained a positive stance on Broadcom Limited (NASDAQ:), increasing the stock’s price target to $1,550 from $1,400. The firm anticipates that investor attention will be drawn toward the company’s AI networking and TPU (Tensor Processing Unit) advancements, as well as the ongoing integration of VMWare, which is expected to yield … Read more
‘VARs’ Strike Back: Nutanix Stock Has Been Upgraded To ‘Outperform,’ Citing VMware Partner Disruption
‘The disruption in the infrastructure software space stemming from Broadcom’s recent acquisition of VMware is turning out to be more significant than we expected, per our recent round of VAR discussions,’ wrote a William Blair analyst in a research note published Wednesday. William Blair, the investment adviser, has upgraded VMware rival Nutanix shares from “market… … Read more