# Jefferies analyst Blayne Curtis reiterated a Buy rating on Broadcom yesterday and set a price target of $500.00.

*business · news · 2026-04-07 · Markets Insider*

## Key points

- Jefferies analyst Blayne Curtis reaffirmed a Buy rating on Broadcom with a $500 price target.
- TipRanks – Anthropic downgraded Broadcom to Hold on the same day as other Buy ratings.
- Broadcom's latest quarterly revenue rose to $19.31 billion, up from $14.92 billion last year.
- Corporate insider sentiment for Broadcom is negative, with increased insider selling this past quarter.
- Broadcom President Charlie Kawwas sold 64,714 shares last month, totaling $20,927,784.42.

**Companies:** Broadcom, Jefferies, Advanced Micro Devices, Intel

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/new-buy-rating-for-broadcom-avgo-the-technology-giant-1035998474)

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