12 AI Stocks Analysts Are Talking About Right Now

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7. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 161

Broadcom Inc. (NASDAQ:AVGO) is a technology company uniquely positioned in the AI revolution owing to its custom chip offerings and networking assets. On April 22, Barclays analyst Tom O’Malley lowered the firm’s price target on the stock to $215 from $260 and kept an “Overweight” rating on the shares. The price target revision follows the firm’s updates on semiconductor and semiconductor capital equipment models to reflect tariffs and the trade war ahead of Q1 earnings. The firm has also reduced target multiples on China and consumer risk.

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