The reiteration of a 'Buy' rating by a reputable analyst like Cody Acree from Benchmark is a positive signal for Broadcom. It indicates that the analyst believes the company's stock is expected to outperform the market or its sector in the short term. The maintained price target of $950 also suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor confidence and potentially a short-term increase in the stock price.