Truist Lifts PT on Broadcom Inc. (AVGO) to $510 From $500

Broadcom Inc. (NASDAQ:AVGO) besides received a standing update from Morgan Stanley expert Joseph Moore connected December 17, who reaffirmed a Buy standing connected the banal and acceptable a $462 terms target. The aforesaid day, Reuters reported that Broadcom Inc. (NASDAQ:AVGO) is among Morgan Stanely’s apical semiconductor stocks for 2026, telling investors successful a probe enactment that:

“For the 3rd consecutive year, the biggest statement is AI semis, wherever the scale weighting is dominated by the processor names, and the (so far) insatiable appetite for compute is the astir important adaptable to consider.”

In addition, UBS expert Timothy Arcuri besides lifted the terms people connected Broadcom Inc. (NASDAQ:AVGO) to $475 from $472 connected December 15 and maintained a Buy standing connected the shares. The steadfast told investors successful a probe enactment that though the crisp pullback connected Friday reflected the grade to which consensus-long the banal has become, the caller absorption discussions amusement that determination has been a “significant overreaction by the market.”

It added that commentary connected AI semiconductor gross backs accrued expectations for fiscal twelvemonth 2026, supporting upward estimation revisions. Arcuri lifted his estimates based connected the AI semi gross commentary for fiscal twelvemonth 2026, and present expects AI semi gross to surpass $60 billion, astir tripling year-over-year. The expert besides raised the F27 gross estimation to $135 cardinal and EPS to $14.15.

Broadcom Inc. (NASDAQ:AVGO) is simply a starring multinational exertion institution specializing successful semiconductor and infrastructure bundle products.

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