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Goldman Sachs resets Broadcom stock forecast

Broadcom (AVGO) has gained 26% since April 6, when it closed at $314.43, according to Yahoo Finance at the time of writing, Thursday afternoon, April 16. Meanwhile, the SPDR S&P 500 index (SPY) is up 6% in the same period. What has led to Broadcom outpacing the S&P 500 by roughly 20%…

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