Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion
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BMO Capital Cuts Price Target on Qualcomm (QCOM) to $67 Following 4Q
November 3, 2016 8:22 AM EDTBMO Capital maintained a Market Perform rating on Qualcomm (NASDAQ: QCOM), and cut the price target to $67.00 (from $70.00), following the company's 4Q earnings report. Revenues were $6.2 billion and pro forma EPS was $1.28 in the quarter, better than the consensus estimates of $5.9 billion and $1.13. QCOM expects... More
Wunderlich Securities Downgrades Brocade (BRCD) to Sell
November 3, 2016 8:03 AM EDTWunderlich Securities downgraded Brocade (NASDAQ: BRCD) from Hold to Sell.
For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.
Shares of Brocade closed at $12.32 yesterday.
... MoreUBS Upgrades Brocade (BRCD) to Neutral
November 3, 2016 7:34 AM EDTUBS upgraded Brocade (NASDAQ: BRCD) from Sell to Neutral.
For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.
Shares of Brocade closed at $12.32 yesterday.
... MoreDA Davidson Downgrades Brocade (BRCD) to Neutral
November 3, 2016 7:33 AM EDTDA Davidson downgraded Brocade (NASDAQ: BRCD) from Buy to Neutral.
For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.
Shares of Brocade closed at $12.32 yesterday.
... MoreBaird Upgrades Brocade (BRCD) to Neutral Following Takeover Deal
November 2, 2016 11:50 AM EDTBaird upgraded Brocade (NASDAQ: BRCD) from Underperform to Neutral with a price target of $13.00 (from $9.00) after the company agreed to be acquired by by Broadcom for $12.75/share.
"We do not expect a strategic bidder to attempt to counter the Broadcom offer," analyst... More
