Citi Raises Price Target on Broadcom to $500, Maintains Buy Rating

On May 12, Citi analyst Atif Malik raised his price target for Broadcom (AVGO) from $475 to $500 while maintaining a 'buy' rating. The adjustment is based on improved earnings visibility and strong AI demand projections through fiscal 2028.

By Hillary Remy · TheStreet · May 13, 2026, 12:04 UTC

Tickers: $AVGO

Topics: AI Revenue Projections Earnings Preview Semiconductors

Read the full article at TheStreet

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