UPDATE: Pacific Crest Cuts Broadcom (BRCM) to Sector Perform, Apple (AAPL) May Seek In-House Connectivity Solutions

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Citi Downgrades Broadcom (BRCM) to Neutral

July 24, 2013 6:40 AM EDT

Citi downgraded Broadcom (NASDAQ: BRCM) from Buy to Neutral.

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 $31.83 yesterday, with a 52 week range of $29.95-$37.85.... More