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Analysts Elevate Price Targets for Broadcom Inc. (AVGO) After OpenAI Partnership Announcement

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Analysts Raise Broadcom Inc. (AVGO)’s Price Targets Following OpenAI Partnership

Broadcom Inc. (NASDAQ:AVGO) ranks among the 14 best big-name stocks to invest in, especially following its partnership with OpenAI to develop in-house AI processors. This collaboration has led analysts to adjust their price targets significantly. UBS analyst Timothy Arcuri raised the target from $365 to $415, citing expected earnings per share (EPS) of nearly $10 for 2026, with further growth opportunities likely pushing EPS to $13.50 next year and above $20 by 2028. Mizuho also increased its target from $410 to $430, projecting substantial revenue potential of $150 billion to $200 billion over time and increasing AI revenue estimates to $40.4 billion for FY26. Morgan Stanley set a new target of $409, maintaining an Overweight rating. Overall, Broadcom boasts a consensus Buy rating, reflecting Wall Street’s bullish outlook, although there may be alternative AI stocks with even greater potential.

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