Broadcom (AVGO, Financial) has unveiled Incident Prediction, a cutting-edge security feature designed to enhance its Symantec Endpoint Security Complete (SES-C) Adaptive Protection suite. This innovative tool employs artificial intelligence to identify and prevent sophisticated cyber threats, particularly those utilizing legitimate software for malicious purposes.
Leveraging a comprehensive database of over 500,000 attack sequences compiled by the Symantec Threat Hunter Team, Incident Prediction provides security teams with a strategic edge. It is capable of forecasting cyber attackers' strategies, thereby halting their progress through the attack chain before they can execute further harmful actions. This proactive stance not only disrupts potential threats but also facilitates a swift return to normal operations for enterprises.
The introduction of Incident Prediction aims to bolster cyber resilience, offering robust defense mechanisms against highly motivated cyber adversaries. By augmenting its existing capabilities, Broadcom's SES-C continues to strengthen the security infrastructure of organizations facing an ever-evolving landscape of cyber threats.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Broadcom Inc (AVGO, Financial) is $237.48 with a high estimate of $300.00 and a low estimate of $171.60. The average target implies an upside of 32.69% from the current price of $178.98. More detailed estimate data can be found on the Broadcom Inc (AVGO) Forecast page.
Based on the consensus recommendation from 40 brokerage firms, Broadcom Inc's (AVGO, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Broadcom Inc (AVGO, Financial) in one year is $146.60, suggesting a downside of 18.09% from the current price of $178.9761. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Broadcom Inc (AVGO) Summary page.
