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Broadcom Rises 3% on DA Davidson Upgrade and $400 Target Tied to Anthropic IPO; NVIDIA and AMD Edge Higher
DA Davidson said Anthropic’s five-year non-cancelable leases support Broadcom’s AI revenue outlook and lifted its price target to $400.
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BizTocBroadcom Rises 3% on DA Davidson Upgrade and $400 Target Tied to Anthropic IPO; NVIDIA and AMD Edge Higher
Anthropic’s newly public IPO filing has made Broadcom (NASDAQ:AVGO) the chip name most tightly bound to the AI lab’s compute expansion, and a fresh analyst upgrade now puts a higher price target on that link. Broadcom stock is at $339.90, up 3% in early trade, a move that adds new weight to its custom chip […]
·Lakewood, United States
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Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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