Citi Revisits Price Target for Broadcom Following Post-Earnings Selloff

Broadcom (AVGO) shares fell 12.6% after the company's post-earnings guidance on AI revenue disappointed investors, despite beating quarterly earnings and revenue expectations. Citi maintained a 'buy' rating but highlighted key watch points.

By Silin Chen · TheStreet ·

Citi Revisits Price Target for Broadcom Following Post-Earnings Selloff

Tickers: $AMD $AVGO $NVDA

Topics: ai revenue guidance broadcom citi analysis stock price target revision

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