Canaccord Genuity Starts Broadcom (BRCM) at Buy; Key Mobile & Wireless Customers Are Taking Share
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Price: $54.67 --0%
Rating Summary:
15 Buy, 29 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
15 Buy, 29 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Canaccord Genuity initiates coverage on Broadcom (NASDAQ: BRCM) with a Buy. PT $45.00.
Analyst, Bobby Burleson, said, "We see shares of Broadcom moving higher on strength at key Mobile & Wireless customers, resumption of growth for Infrastructure & Networking following inventory digestion and spending delays, and a more constructive stance on dividends."
For an analyst ratings summary and ratings history on Broadcom click here. For more ratings news on Broadcom click here.
Shares of Broadcom closed at $37.13 yesterday.
Analyst, Bobby Burleson, said, "We see shares of Broadcom moving higher on strength at key Mobile & Wireless customers, resumption of growth for Infrastructure & Networking following inventory digestion and spending delays, and a more constructive stance on dividends."
For an analyst ratings summary and ratings history on Broadcom click here. For more ratings news on Broadcom click here.
Shares of Broadcom closed at $37.13 yesterday.
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