Broadcom (AVGO) news
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S&P 500 index futures fall 0.2%
S&P 500 index futures fell 0.2% in early trading on Monday, reflecting heightened market sensitivity to geopolitical tensions in the Middle East. Reports of Iranian missile strikes on a U.S. Navy ship, initially cited by the IRGC-aligned Fars News Agency, triggered a sharp selloff in futures…
AInvest Wire · 1d agoBroadcom Inc: D.A. Davidson cuts target price to $350 from $400
D.A. Davidson has revised its price target for Broadcom Inc. (NASDAQ:AVGO), lowering it to $350 from $400 while maintaining a Neutral rating on the stock. The adjustment reflects the firm’s updated valuation assumptions and ongoing assessment of the company’s financial performance and strategic…
AInvest Wire · 2d agoBroadcom shares hit near five-month lows; last down 5.7%
Broadcom Inc. (NASDAQ:AVGO) shares fell 5.7% as of September 3, 2026, reaching near five-month lows, amid investor concerns over competitive pressures and recent guidance concerns . The decline followed news that Marvell Technology secured a deal to develop custom AI chips for Google, raising…
AInvest Wire · 2d agoBroadcom Inc: BofA global research cuts price objective to $460 from $530
Bank of America (BofA) has revised its price target for Broadcom Inc. (NASDAQ:AVGO), lowering it to $460 from $530, while maintaining a "Buy" rating on the stock. The adjustment reflects a reassessment of sector valuations, with BofA applying a 26x multiple to 2027 estimated earnings per share,…
AInvest Wire · 2d agoBroadcom shares drop 5.9% in biggest fall since Aug. 14
Broadcom shares fell 5.9% on Wednesday, marking the largest single-day decline since August 14, 2026, with the stock trading as low as $388.50 before recovering slightly to $392.99 . The drop was attributed to news that Marvell Technology had secured a significant partnership with Alphabet ,…
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