UBS Lifts Price Target on Broadcom Inc. (AVGO) Despite Selloff
Market Intelligence Analysis
AI-PoweredUBS analyst Timothy Arcuri raised Broadcom Inc.'s price target to $475 despite a recent 13% selloff, maintaining a Buy rating. This move suggests the analyst's confidence in the company's long-term prospects. The stock's price target increase may help alleviate concerns among investors.
Market impact analysis based on bullish sentiment with 76% confidence.
Article Context
Broadcom Inc. (NASDAQ:AVGO) is among the 14 Best S&P 500 Stocks to Buy Now. On December 15, UBS analyst Timothy Arcuri raised the stock’s price target to $475 from $472 while maintaining a Buy rating. The stock is down 13% over the past week amid a major selloff following its fourth-quarter 2025 earnings call on […]
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