Citi keeps Broadcom at Buy, lifts target to $515 and FY2027 AI view to $115B

Citi reaffirmed its Buy rating on Broadcom and raised its price target to $515 from $500 after the fiscal Q3 report. The bank also raised its fiscal 2027 AI semiconductor revenue forecast to $115 billion from $100 billion. The report is dated September 4, 2026, and is cited here through a German financial news article, not the Citi note itself.

• Rating: Buy (reaffirmed)
• Price target raised to $515 from $500
• FY2027 AI semiconductor revenue forecast raised to $115 billion from $100 billion