Goldman Sachs Adjusts Broadcom Stock Forecast Amid Strong Performance and New Partnerships
Goldman Sachs has revised its forecast for Broadcom (AVGO) following the company's strong stock performance and new multi-year partnerships, including with Meta. Broadcom's shares have surged 26% since April 6, outpacing the S&P 500 by about 20%, driven by robust earnings and strategic alliances.
Topics: AI chips Broadcom Meta Partnership Stock forecast