These Analysts Increase Their Forecasts On Broadcom Following Upbeat Q3 Earnings
Broadcom beat Q3 estimates with $29.59B revenue and strong AI growth, but weak Q4 guidance pressured shares; analysts raised price targets.
Broadcom did better than expected this quarter, especially in AI chips, so analysts think the company will be worth more money. But the company said next quarter might be slower, so people are watching to see if the AI growth keeps going.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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