- D.A. Davidson analyst Gil Luria upgraded Broadcom to buy from neutral, price target $400.
D.A. Davidson analyst Gil Luria upgraded Broadcom to buy from neutral, raising price target to $400. He sees Anthropic and OpenAI IPOs as catalysts to close the valuation gap between Broadcom and other chip stocks. Broadcom also announced a $63B financing partnership with banks for Anthropic infrastructure.
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