Send to a Friend Share

Roth Upgrades Broadcom (BRCM) to Buy, Raises Target to $34

September 8, 2009 7:28 AM EDT
BRCM Hot Sheet
Rating Summary:
    23 Buy, 2 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Roth Capital upgrades Broadcom (Nasdaq: BRCM) from Hold to Buy, also raising its price target from $22 to $34.

With shares of Broadcom closing at $28.46 on Friday, the firm's price target represents potential upside of about 19% from current levels.

Broadcom Corporation engages in the design, development, and supply of semiconductors for wired and wireless communications equipment manufacturers.

You May Also Be Interested In


Related Categories

Upgrades

Related Entities

Roth Capital

Add Your Comment





Follow StreetInsider.com On Twitter