AIBullishBlockonomi · 4h ago6/10
🧠
Why JPMorgan Calls Broadcom (AVGO) Stock an ‘Aggressive Buy’ Right Now
Broadcom stock trades at $411 following exceptional AI revenue growth of 143% to $10.8B, prompting JPMorgan analysts to issue an 'aggressive buy' rating with a $490 price target. The rating reflects strong confidence in the semiconductor company's positioning within the AI infrastructure boom.