Goldman Sachs adds Broadcom to its US Conviction List with a $450 target

Goldman Sachs analyst James Schneider reiterated a Buy rating on Broadcom on January 5, 2026 and added the stock to the bank's US Conviction List, a short list of 20 to 25 core 2026 holdings. The target was set at $450. For a trader, a top-list inclusion from a large bank is a sentiment signal on the AI chip trade at the start of the year, not a company-specific fundamental change.

• Rating: Buy, reiterated January 5, 2026
• Added to the US Conviction List (about 20 to 25 stocks)
• Price target: $450
• Analyst: James Schneider