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

Susquehanna analyst Christopher Rolland raised his price target for Broadcom (AVGO) to $490 from $450 ahead of its June 3 earnings report, despite lowering the firm's fiscal 2026 AI revenue estimate. The move highlights a shift in investor focus and expectations around non-AI growth areas.

By Peace Longe Wed, June 3, 2026 at 1:07 AM GMT+3 4 min read · Yahoo Finance · June 2, 2026, 22:07 UTC

Tickers: $AVGO

Topics: AI revenue estimates analyst report Broadcom price target update

Read the full article at Yahoo Finance

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