Notable Downgrades: Broadcom Corp. (BRCM), Macrocure Ltd. (MCUR), Walt Disney (DIS), Time Warner (TWX), Targa Resources (TRGP)

Analysts at Argus downgraded Broadcom Corp. (BRCM) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Thursday. On valuation measures, Broadcom Corp. stock it’s trading at a forward P/E multiple of 16.36x, and at a multiple of 28.32x this year’s estimated earnings. The t-12-month revenue at Broadcom Corp. is $8.56 billion. BRCM […] View the full post at: Notable Downgrades: Broadcom Corp. (BRCM), Macrocure Ltd. (MCUR), Walt Disney (DIS), Time Warner (TWX), Targa Resources (TRGP) Related posts: Walt Disney to Acquire Marvel Entertainment for $4B Broadcom Gaining Ground In Smartphone Market, Shares May See 40% Upside Broadcom To Enter The Passive Optical Network Market?