Susquehanna analyst Christopher Rolland raised the firm’s price target on Broadcom (AVGO) to $450 from $400 and keeps a Positive rating on the shares. The firm updated its model ahead of its quarterly results and believes the launch of new Google TPUv7 (GOOG) coupled with proliferating AI networking demand to drive growth in 3Q/4Q. And looking forward, broadening ASIC customer set to drive inflection in 2H26.
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