AVGO is trading at $335.61 (+3.21%) as it rebounds from a recent post-earnings selloff, driven by renewed investor focus on its massive AI pipeline.
- Strong analyst backing remains a key catalyst, with 38 of 43 analysts maintaining Buy ratings and price targets reaching up to $420.
- The stock is recovering from a February 13 low of $325.17, where valuation concerns triggered a brief pullback despite a $73B AI backlog.
- The upward move aligns with broader market gains as the Nasdaq rose 0.56%, helping the stock overcome recent tech sector pressure.