Broadcom (AVGO) News Today

Broadcom Inc. (AVGO) shares ticked higher today, driven by bullish analyst ratings and institutional stake increases, though tempered by some stake reductions and insider sales.

Key developments include:

• Positive Sentiment: Goldman Sachs reaffirmed its "Buy" rating on AVGO with a $340 price target, implying about 9.3% upside from current levels.Broadcom's (AVGO) "Buy" Rating Reaffirmed at The Goldman Sachs Group
• Positive Sentiment: Analysts named Broadcom among three U.S. chipmakers poised to profit from President Trump’s proposed 100% tariff on imported semiconductors, highlighting its domestic manufacturing advantages.3 Companies That Will Profit From Trump's Semiconductor Tariffs (AVGO)
• Positive Sentiment: Bowie Capital Management boosted its stake in Broadcom, signaling continued institutional confidence in AVGO’s long-term growth outlook.Bowie Capital Management Boosts Stake in Broadcom Inc.
• Positive Sentiment: Zacks included AVGO among five top picks on the S&P 500's latest record close, pointing to broad market optimism and strong 2025 growth prospects.5 Stocks to Buy on S&P 500's 16th Record Closing High of the Year
• Positive Sentiment: AVGO set a new 1-year high, reflecting strong momentum in the semiconductor sector and sustained investor demand.Broadcom (NASDAQ:AVGO) Sets New 1-Year High – What's Next?
• Neutral Sentiment: Broadcom was highlighted among the top telecom stocks to watch on August 13, underscoring its role in the broader communications hardware space.Best Telecom Stocks To Watch Today – August 13th
• Neutral Sentiment: Long-term price forecasts continue to project AVGO’s steady growth through 2030, backed by robust industry demand and semiconductor trends.Broadcom (NASDAQ: AVGO) Stock Price Prediction and Forecast 2025-2030 (Aug 2025)
• Negative Sentiment: AVGO shares dipped about 1.6% midday, prompting some analysts to question if it’s time to trim positions.Broadcom (NASDAQ:AVGO) Shares Down 1.6% – Should You Sell?
• Negative Sentiment: PRIMECAP Management reduced its stake in Broadcom, which may signal some reallocation away from the stock.PRIMECAP Management Co Reduces Stake in Broadcom Inc.
• Negative Sentiment: Rep. James Comer disclosed a sale of Broadcom shares, contributing to modest selling pressure.Rep. James Comer Unloads Broadcom Inc. (NASDAQ:AVGO) Shares
• Negative Sentiment: A Seeking Alpha headline warned there's “no more room for disappointment” in AVGO, reflecting concerns about limited catalysts ahead.Broadcom: No More Room For Disappointment