13 of 14 analysts rate it a buy—but there's a catch
Wall Street expects $14.96 billion revenue despite massive pressure
Hey there,
13 of 14 analysts rate Broadcom a "buy" despite the average price target sitting 3.5% below Wednesday's closing price.
The pressure is immense as Wall Street seeks validation for the artificial intelligence investment thesis that has driven markets higher. Access full story here.
-Christopher
P.S. Any signs of slowing AI demand or cautious guidance could trigger a broader reassessment of AI stock valuations across the entire technology sector. You really need to read this before it's too late.