Wolfe Research analyst Chris Caso reiterated an Outperform rating and $500.00 price target on Broadcom Limited (NASDAQ: AVGO).

The analyst comments ""AVGO beat F2/F3Q revenue but maintained FY27 AI semis guidance of >$100bn. Non-AI semis & Software continue to exhibit strength. We model ~$130bn AI semis revenue in FY27, driven by diverse AI semis strength, and see a path to ~ $25 bull case EPS. Reit OP, $500 PT."

For an analyst ratings summary and ratings history on Broadcom Limited click here. For more ratings news on Broadcom Limited click here.

Shares of Broadcom Limited closed at $479.23 yesterday.