AVGO ▼ -5.5% - Broadcom Inc. $AVGO pt cut at Bofa Global 530 to 460 Broadcom shares fell 5.5% after Bank of America Global Research lowered its price target on the stock to $460 from $530, a roughly 13% reduction in the firm's valuation estimate. The significant cut suggests analyst concerns about the chipmaker's near-term prospects or financial performance. 03-SEP-2026 09:38 AM ET