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Broadcom (AVGO) Faces High Bar Ahead of Earnings Despite Strong AI Outlook

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Broadcom is projected to deliver solid quarterly results backed by long-term AI revenue targets exceeding $100 billion by 2027.
  • However, Morgan Stanley warns that exceptionally high Wall Street expectations could mute upside or trigger volatility following its earnings report.
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AVGO price history

361.99 -3.69% over the displayed period

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