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HSBC Reiterates Buy Rating on Broadcom Limited (AVGO)

December 8, 2025 9:58 AM EST

HSBC analyst Frank Lee reiterated a Buy rating and $535.00 price target on Broadcom Limited (NASDAQ: AVGO)

The analyst comments "ASIC momentum improving further but not fully priced in: In our 24 November note, we argued that the street was undervaluing the ASIC opportunity and we... More