Rosenblatt raises price target on Broadcom stock to $2,400: Time to buy?
On Thursday, Rosenblatt Securities raised its price target on Broadcom Inc. (NASDAQ: AVGO) to an impressive $2,400 from $1,650, while reiterating its “Buy” rating. This bullish adjustment by Rosenblatt is driven by Broadcom’s strong performance and strategic positioning within the burgeoning AI sector, signaling potential growth that could interest any investor. Why such confidence in