Broadcom (NASDAQ:AVGO) Rating Increased to Buy at Wall Street Zen

Market Beat
2025.09.06 07:36
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Wall Street Zen upgraded Broadcom (NASDAQ:AVGO) from a "hold" to a "buy" rating. Other analysts also raised their target prices, with Oppenheimer setting it at $360, Benchmark at $385, and Evercore ISI at $342. Broadcom's stock has a consensus rating of "Buy" and an average target price of $351. The company reported $1.69 EPS for the last quarter, exceeding estimates, with a revenue of $15.95 billion, up 22% year-over-year. Insider sales totaled over $217 million in the last 90 days, and institutional investors have been adjusting their stakes in the company.