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Analysts Offer Insights on Technology Companies: Broadcom (AVGO), Aviat Networks (AVNW) and C3ai (AI)

Tipranks - Fri Jun 5, 9:32AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Broadcom (AVGO), Aviat Networks (AVNW) and C3ai (AI).

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Broadcom (AVGO)

Bernstein analyst Stacy Rasgon maintained a Buy rating on Broadcom today and set a price target of $550.00. The company’s shares closed last Thursday at $405.99.

According to TipRanks.com, Rasgon is a top 100 analyst with an average return of 40.5% and a 68.8% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Renesas Electronics, and NXP Semiconductors. ;'>

Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $505.78, which is a 23.7% upside from current levels. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $551.00 price target.

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Aviat Networks (AVNW)

Lake Street analyst Jaeson Schmidt maintained a Buy rating on Aviat Networks today and set a price target of $31.00. The company’s shares closed last Thursday at $19.00.

According to TipRanks.com, Schmidt is a 5-star analyst with an average return of 33.3% and a 53.2% success rate. Schmidt covers the Technology sector, focusing on stocks such as Vishay Precision Group, Lightpath Technologies, and BK Technologies. ;'>

Aviat Networks has an analyst consensus of Strong Buy, with a price target consensus of $29.20.

C3ai (AI)

D.A. Davidson analyst Lucky Schreiner maintained a Sell rating on C3ai today. The company’s shares closed last Thursday at $10.75.

According to TipRanks.com, Schreiner has 0 stars on 0-5 stars ranking scale with an average return of -18.0% and a 27.0% success rate. Schreiner covers the Technology sector, focusing on stocks such as Progress Software, Pegasystems, and Monday.com. ;'>

Currently, the analyst consensus on C3ai is a Moderate Sell with an average price target of $9.67, representing a -13.8% downside. In a report released today, KeyBanc also reiterated a Sell rating on the stock with a $6.00 price target.

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