Broadcom (AVGO) Stock: Why This Analyst Says Buy the Dip After 15% Drop

TLDR Wells Fargo upgraded Broadcom (AVGO) to “Overweight” following a 4.2% stock decline on January 14 The firm increased 2026 revenue forecasts to $100.3 billion and 2027 estimates to $143.8 billion AI semiconductor revenue expected to grow 116% in 2026 to $52.6 billion and 78% in 2027 to $93.4 billion Broadcom’s Q4 fiscal 2025 results [...]

The post Broadcom (AVGO) Stock: Why This Analyst Says Buy the Dip After 15% Drop appeared first on Blockonomi.