Credit Suisse Downgrades Broadcom (BRCM) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Canaccord Genuity Defends Broadcom (BRCM) on Swift Sell-Off
July 24, 2013 10:37 AM EDTCanaccord Genuity analyst Bobby Burleson is out defending Broadcom (NASDAQ: BRCM), which is down 14% following lackluster results after the close and 7 sell-side downgrades. He reiterated his Buy rating and $40 price target.
"We continue to believe investors should buy shares of Broadcom based... More
B. Riley Downgrades Broadcom (BRCM) to Neutral
July 24, 2013 7:41 AM EDTB. Riley downgraded Broadcom (NASDAQ: BRCM) from Buy to Neutral with a price target of $32.00 (from $45.00).
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
Citi Downgrades Broadcom (BRCM) to Neutral
July 24, 2013 6:40 AM EDTCiti 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
UPDATE: RBC Capital Cuts Broadcom (BRCM) to Sector Perform
July 24, 2013 6:39 AM EDT(Updated - July 24, 2013 1:08 PM EDT)
RBC Capital downgraded Broadcom (NASDAQ: BRCM) from Outperform to Sector Perform with a price target of $31.00 (from $45.00). Analyst Doug Freedman said there is "not enough duct tape to hold our thesis together."
"We... More
BMO Capital Downgrades Broadcom (BRCM) to Market Perform
July 24, 2013 6:38 AM EDTBMO Capital downgraded Broadcom (NASDAQ: BRCM) from Outperform to Market Perform with a price target of $30.00 (from $40.00).
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
William Blair Downgrades Broadcom (BRCM) to Market Perform
July 24, 2013 6:37 AM EDTWilliam Blair downgraded Broadcom (NASDAQ: BRCM) from Outperform to Market Perform.
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
Mizuho Securities Downgrades Broadcom (BRCM) to Neutral
July 24, 2013 6:35 AM EDTMizuho Securities downgraded Broadcom (NASDAQ: BRCM) from Outperform to Neutral with a price target of $35.00 (from $40.00).
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
Broadcom Corp (BRCM) Tops Q2 EPS by 2c
July 23, 2013 4:13 PM EDTBroadcom Corp (NASDAQ: BRCM) reported Q2 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.1 billion.
"Broadcom delivered solid revenue and gross margins in Q2 with tightly managed sequential growth in operating... More
