Gleneagles June 17th |$Broadcom (AVGO.US)$US stocks continued to rise by more than 3% before the market to $1,787.56. After opening, the trend will refresh the record high set in Friday's session. According to the news, Broadcom previously announced that its Q2 results exceeded expectations and announced a “1 split 10” stock split plan. After the results were announced, Broadcom received price increases from many major banks. Among them, Citi raised Broadcom's target price from 1,560 US dollars to 1,750 US dollars and reaffirmed its “buy” rating, hoping that the market's performance expectations for Broadcom will continue to rise, driven by the synergy brought about by AI development and the acquisition of VMware. Jefferies believes that most of Broadcom's cyclical adjustments have shown positive performance. It is expected to benefit from the continued development of the AI industry and the cyclical recovery of other industries, raising the target price from 1,550 US dollars to 2,050 US dollars, and the rating is “buy.”