Analyst raises Broadcom (AVGO) stock price target for the next 12 months
Photo: Finbold
Even though Broadcom Inc. (NASDAQ: AVGO ) stock has faced a choppy consolidation over the past 12 months, Gil Luria, a Wall Street analyst at D.A. Davidson, has raised his 12-month price target for the core artificial intelligence ( AI ) infrastructure company. On October 27, 2026, Luria upgraded the firm’s AVGO stock rating to ‘Buy’ from ‘Neutral’. Additionally, he raised his 12-month price target for Broadcom stock to $400 from $350. With Broadcom stock trading at $340.69 at press time, this firm signals a possible 17.41% upside over the next 12 months.
Source: Finbold
