These 10 leading companies talked about AI the most on their earnings calls
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Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity
November 28, 2023 10:21 AM ESTAnalysts at UBS and BofA raised their price targets for Broadcom (NASDAQ: AVGO) in research notes on Tuesday.
BofA's Vivek Arya lifted his firm's price target for the stock to $1,200 from $1,050 per share, reiterating a Buy rating on the stock.
Arya said the price target increase follows the closure of the acquisition of virtualization software firm VMware last week. "Our first... More
Broadcom Limited (AVGO) PT Raised to $1,200 at BofA Securities as VMW Deal Closes
November 28, 2023 9:54 AM ESTBofA Securities analyst Vivek Arya raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,200.00 (from $1,050.00) while maintaining a Buy rating after the company closed the VMW deal.
The analyst commented, "Reiterate Buy, raise estimates and PO to $1200 from $1050 on AVGO following its... More
NVIDIA (NVDA) Mentioned Positively at Citi: 'CEO comments and new product cycle gives us confidence'
November 27, 2023 4:20 PM ESTCiti analyst Atif Malik reiterated a Buy rating and $575.00 price target on NVIDIA (NASDAQ: NVDA)
The analyst comments "We are on the road meeting investors in Europe. Investors are asking three key questions post Oct-Q earnings (see note): 1) Is the CY25 Cliff avoided? 2) Why were Taiwan, China and Singapore up 53,47 and 43% QoQ, while US was only up 4% QoQ? 3) What do NVDA Ethernet comments mean for ANET? 1) Yes. CEO comments and new product cycle gives us confidence. When asked about CY25 data center sales, NVDA CEO... More
