Wall Street sets Broadcom (AVGO)  stock price for next 12 months

Wall Street sets Broadcom (AVGO)  stock price for next 12 months

Wall Street analysts are projecting that American semiconductor company Broadcom (NASDAQ: AVGO) will trade just below $300 over the next 12 months, as the firm continues to capitalize on growing demand in the artificial intelligence (AI) sector. Notably, AVGO has recovered from its early April dip, with year-to-date gains standing at 21%. As of press time, the stock is valued at $281.01, representing a nearly 2% increase in the past 24 hours. AV…