Broadcom price target raised to $315 from $310 at Mizuho

Mizuho analyst Vijay Rakesh raised the firm’s price target on Broadcom (AVGO) to $315 from $310 and keeps an Outperform rating on the shares. The firm raised estimates and price targets for a number of names in the semiconductors and semiconductor capital equipment group as it took a look at the data center and AI server market following a re-rating post the “Liberation Day” selloff and ahead of June quarter earnings.