Truist Increases Broadcom (AVGO) PT, Maintains Buy Rating

Broadcom Inc. (NASDAQ:AVGO) is one of the 10 tech stocks on Wall Street’s radar right now. On June 6, Truist analyst William Stein increased his price target on Broadcom Inc. (NASDAQ:AVGO) to $295 from $267 and maintained a Buy rating after the company posted solid results for FQ2 2025.

The firm noted that the stock dipped due to limited immediate AI upside, compared to investor expectations. However, Stein believes that Broadcom’s (NASDAQ:AVGO) long-term AI outlook remains strong…