Broadcom Inc. (AVGO) Price Target Raised to $225 by Cantor Fitzgerald, Seen as AI Sector Favorite Amid Challenging Semiconductor Market

By Yahoo! Finance | Oct 13, 2024 at 07:14 AM EST

Broadcom Inc. (AVGO) is one of the trending AI stocks, with a focus on AI investments among S&P 500 companies. Analysts anticipate profit growth to slow, with tech and communication sectors leading. Investors hope third-quarter earnings will justify high stock valuations.

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