Broadcom shares slide as margins, OpenAI concerns overshadow strong earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
- Nasdaq leads Wall Street lower on AI spending jitters; oil prices rebound
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
Broadcom Limited (AVGO) PT Raised to $490 at Evercore ISI, 'Buyers on Weakness'
December 12, 2025 4:45 AM ESTEvercore ISI analyst Mark Lipacis raised the price target on Broadcom Limited (NASDAQ: AVGO) to $490.00 (from $403.00) while maintaining a Outperform rating.
The analyst comments "Buyers of Weakness. We reiterate our O/P rating for AVGO after it printed OctQ Revs 3% above and... More



