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Broadcom Inc. (AVGO) Reports 47% Revenue Growth Driven by AI Demand; Mizuho Raises Price Target to $220 Amid Promising Collaboration with OpenAI

By Yahoo! Finance   |   Oct 19, 2024 at 02:59 PM EST
Broadcom Inc. (AVGO) Reports 47% Revenue Growth Driven by AI Demand; Mizuho Raises Price Target to $220 Amid Promising Collaboration with OpenAI

Broadcom Inc. (NASDAQ:AVGO) is a top AI stock, ranking 3rd in trending AI stocks. Mizuho Securities raised AVGO's price target due to its potential in AI semiconductor solutions and collaboration with OpenAI.

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