Aletheia and Cantor Fitzgerald Stay Bullish on Broadcom (AVGO) After Earnings

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Aletheia and Cantor Fitzgerald have reiterated their bullish ratings on Broadcom (AVGO) following its recent earnings report. Aletheia highlighted Broadcom’s strong performance across key metrics, including AI revenue growth and steady margins, noting the management’s preparedness to address analyst concerns. Cantor Fitzgerald also maintained an “Overweight” rating, raising its price target to $525 after Broadcom guided for AI revenues exceeding $100 billion in fiscal year 2027.

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