Broadcom (AVGO) Earnings Beat Estimates: Mizuho's Take

<p>Broadcom (AVGO) earnings report indicated $6.96 in EPS and $6.78B in revenue, beating estimates. Mizuho's Vijay Rakesh says that they have a buy rating on the stock with a $545 price target. They believe that the software continues to grow on stable footing with a core account and a recurring revenue focus. How will AVGO stock price continue to perform?</p>