Jefferies Reiterates AVGO Buy Rating With $550 Price Target, Eyes $30-40 EPS by 2028

According to Jefferies analyst Blayne Curtis on June 30, Broadcom (AVGO) maintained a buy rating with a $550 price target, citing recent stock weakness as a buying opportunity. The analyst projects 2028 fiscal year EPS of $30-40 and highlighted that Broadcom's TPU roadmap remains on track. Curtis also noted that the company has secured a long-term supply agreement with Google extending through 2031, providing revenue protection.
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