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Broadcom (AVGO): Citi Raises Price Target as Stock Rises 30%

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The tech sector has once again been front and center in the US stock market so far in 2025. Although the market itself has been increasingly volatile, optimism abounds for some of the most promising companies in the industry. Among them is Broadcom (AVGO), for which Citi has lifted its price target, with the stock in the midst of a 30% surge. The bank revised its target and outlook upward while sticking firm to its buy rating. Indeed, the development marks yet another positive projection for a top tech stock that could be set to edge even higher if Wall Street is able to find its footing in the coming months. Source: Banking Dive Also Read: Broadcom (AVGO): Why The Stock May Continue Its 300% Rise Broadcom Gets Boosted Price Target From Citi as Stock Keeps Gaining There has been no shortage of high expectations for Broadcom over the last several months. Many experts have begun to theorize that the stock may be on a $2 trillion trajectory. However, it has struggled amid an increasingly ...

Broadcom (AVGO) Outgains Top 10 as Analysts Say Its Now 'Magnificent 8'

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The US stock market has certainly been struggling in recent weeks. However, that changed slightly Wednesday, with the Federal Reserve expected to leave rates unchanged. The day saw Broadcom (AVGO) outperform the top 10 companies by market cap, as one analyst said it was the newest member of the “Magnificent 8.” The company has emerged as one of the most talked-about stocks on the market throughout March. Indeed, the ongoing sell-off that has afflicted competitors like Nvidia (NVDA) has only strengthened its appeal to traders. Now, all eyes are on whether that downturn can help AVGO bridge the gap in the tech space. Source: Victor J. Blue / Bloomberg Also Read: Broadcom (AVGO) and 2 Other Stocks That May Surge in 2025 Broadcom to Create the Mag 8 Stocks? Why AVGO Has Wall Street’s Attention Like much of the tech sector, Broadcom entered 2025 with tremendous potential. Indeed, back in February, analysts were theorizing that AVGO could end up being the latest member of th...