2 hours ago

Broadcom Stock: AVGO Climbs 4% as $63B AI Deal Raises Stakes

TLDR Broadcom stock gained more than 4% on Tuesday following an analyst upgrade and new AI financing. DA Davidson raised its AVGO price target from $350 to $400 and upgraded the stock to Buy. Anthropic disclosed $161.2 billion in equipment lease payments under its Broadcom agreements. Four major financial firms announced $63 billion in financing [...]

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