Notable Downgrades: Broadcom (BRCM), SFX Entertainment (SFXE), Epizyme (EPZM), Aéropostale, Inc. (ARO), Lumber Liquidators (LL)
March 13, 2015 at 14:43 PM EDT
Analysts at Canaccord Genuity downgraded Broadcom Corp. (BRCM) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Friday. The target price for BRCM is lowered from $50 to $47. On valuation measures, Broadcom Corp. stock it’s trading at a forward P/E multiple of 14.53x, and at a multiple of 40.77x this year’s […] View the full post at: Notable Downgrades: Broadcom (BRCM), SFX Entertainment (SFXE), Epizyme (EPZM), Aéropostale, Inc. (ARO), Lumber Liquidators (LL) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Caterpillar Inc. Downgraded to “Neutral” at BofA