Goldman Sachs analyst James Schneider keeps a Buy rating and $450 price target on Broadcom (AVGO) after its Q1 results. The firm believes the stock will “trade up modestly” following a solid quarter, with guidance above the Street, led by outperformance in AI semiconductors, the analyst tells investors in a research note. Investors are expected to focus on FY26 AI revenue growth targets and potential update as well as gross and operating margin trends over the coming quarters, the firm adds.
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