Broadcom is gaining momentum heading into its next earnings report, and Goldman Sachs thinks the stock could get a boost. Analyst James Schneider, who has a buy rating on chipmaker, lifted his target price to $435 from $380, which signals upside of 13% from Tuesday's close. Broadcom is set to post earnings Dec. 11 "We expect sustained AI strength in 4Q, with 1Q guidance above the Street given robust spending at key customers — and we expect updated FY26 AI revenue guidance above 100% YoY," he wrote. AVGO YTD mountain AVGO YTD chart The analyst sees AI revenue for fiscal year 2026 to come in at $45.4 billion, marking an approximate year-over-year rise of 128%. This could reach $77.3 billion in 2027, rising 70% year over year. Schneider's target and estimate changes come during a strong week

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