Broadcom stock price: AVGO heads into Monday after Wolfe upgrade spotlights Google’s TPU push
Broadcom shares rose 0.17% to $331.30 Friday, bucking declines in other chip stocks. Wolfe Research upgraded the stock to Outperform with a $400 target, citing momentum from Google’s TPU program. The Philadelphia Semiconductor Index fell 3.87%. U.S. jobs data is due Feb. 6; Broadcom’s earnings are expected March 5.