Navigating a $978 Billion Market Cap with 14.57% Upside Potential
Broadcom Inc. (NASDAQ: AVGO), a prominent player in the technology sector, stands out in the semiconductor industry with an impressive market capitalization of $978.95 billion. Headquartered in Palo Alto, California, Broadcom’s innovative product portfolio caters to a wide array of applications, from enterprise networking to home connectivity and beyond.
At its current price of $208.2, Broadcom offers a potential upside of 14.57%, based on an average analyst target price of $238.54. This target range spans from $198.00 to a robust $300.00, reflecting strong investor confidence and a bullish outlook from analysts. This optimism is further underscored by the sheer number of buy ratings—36, to be precise—compared to just five…
