---
title: "Broadcom (AVGO): New Buy Recommendation for This Technology Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296507527.md"
description: "Bank of America Securities analyst Vivek Arya reiterated a Buy rating on Broadcom (AVGO) with a $530 price target. The broader analyst consensus remains a Strong Buy, with an average price target of $510.25. Arya, who covers the technology sector including Nvidia and AMD, has a notable track record with a 24% average return on recommendations."
datetime: "2026-08-20T14:15:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296507527.md)
  - [en](https://longbridge.com/en/news/296507527.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296507527.md)
generator: "portal-rs"
---

# Broadcom (AVGO): New Buy Recommendation for This Technology Giant

In a report released yesterday, Vivek Arya from Bank of America Securities reiterated a Buy rating on Broadcom, with a price target of $530.00.

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Arya covers the Technology sector, focusing on stocks such as Nvidia, Advanced Micro Devices, and Intel. According to TipRanks, Arya has an average return of 24.0% and a 58.35% success rate on recommended stocks. 

Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $510.25.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**