Analysts: Broadcom is Neutral After Results and 3 More Research Notes to Read Through

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Broadcom (NASDAQ:BRCM): Citigroup downgraded Broadcom to Neutral from Buy, citing decelerating smartphone industry growth and increasing connectivity competition following the company’s second-quarter results. The firm also lowered its price target for shares to $34 from $41.


More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business