Broadcom Kept Hitting New Record High ahead of Earnings

Tiger Newspress

2025/06/05

Broadcom was up 1.7% at $261.08. Shares of the semiconductor and software company rose 3.3% on Tuesday to a record closing high of $256.85.

Broadcom is scheduled to report fiscal second-quarter earnings on Thursday.

Citi Research's Christopher Danely raised his price target on Broadcom to $275 from $210 and reiterated a Buy rating, citing strong demand for AI processors.

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Shares of the semiconductor and software company rose 3.3% on Tuesday to a record closing high of $256.85.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b04f3637f9a9ef13cbc955c565807b8c\" tg-width=\"806\" tg-height=\"830\"/></p><p>Broadcom is scheduled to report fiscal second-quarter earnings on Thursday. </p><p>Citi Research&#39;s Christopher Danely raised his price target on Broadcom to $275 from $210 and reiterated a Buy rating, citing strong demand for AI processors.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AVGO","symbol_name":"博通","start_time":0,"source_url":"","article_id":"1101765836","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101765836","pubTimestamp":1749090880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Broadcom was up 1.7% at $261.08. 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