Susquehanna Raises Price Target on Broadcom Ahead of Earnings Despite Lowering AI Revenue Forecast

Ahead of its June 3 earnings report, Susquehanna analyst Christopher Rolland raised his price target for Broadcom (AVGO) to $490 from $450 while lowering the firm's fiscal 2026 AI revenue forecast. The move highlights a shift in investor focus toward broader factors beyond just AI growth.

By Peace Longe · TheStreet · June 2, 2026, 19:07 UTC

Tickers: $AVGO

Topics: AI revenue forecast analyst report Broadcom price target update

Read the full article at TheStreet

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