Citi Lowers PT on Broadcom Inc. (AVGO) Stock

Broadcom Inc. (NASDAQ:AVGO) is among the 10 Unstoppable AI Stocks to Invest In Now.

Broadcom Inc. (NASDAQ:AVGO) is one of the Unstoppable AI Stocks to Invest In Now. On February 17, Citi analyst Atif Malik reduced the firm’s price objective on the company’s stock to $458 from $480, while keeping a “Buy” rating, as reported by The Fly.

The rating comes ahead of Broadcom Inc. (NASDAQ:AVGO)’s earnings report on March 4. As per the firm, concerns related to gross margins, tensor processing unit competition, as well as software sales exposure risks, are factored into the current trading juncture of the company’s stock.

Overall, the firm expects that the company’s stock is expected to outperform in H2 2026, thanks to better demand visibility.

In a different release, on February 12, DA Davidson began coverage of Broadcom Inc. (NASDAQ:AVGO)’s stock with a “Neutral” rating and a price objective of $335. Noting the company’s structural AI opportunity, the analysts at the firm opine that the upside could be limited by customer behavior over the long-term.

Broadcom Inc. (NASDAQ:AVGO) is engaged in designing, developing, and supplying various semiconductor devices and infrastructure software solutions.

While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.