Broadcom Corporation (NASDAQ:BRCM) was downgraded by equities researchers at Needham & Company LLC from a “buy” rating to a “hold” rating in a research report issued on Friday, TheFlyOnTheWall.com reports. Broadcom Corporation (NASDAQ:BRCM) shares after opening at $29.68 moved to $30.19on last trade day and at the end of the day closed at $29.76. Company price to sales ratio in past twelve months was calculated as 2.10and price to cash ratio as 7.16. Broadcom Corporation (NASDAQ:BRCM) showed a negative weekly performance of -1.13%.
Cytokinetics Inc (NASDAQ:CYTK) was downgraded by analysts at MLV & Co. from a buy rating to a hold rating. The firm currently has $5.00 price target on the stock, down from their previous price target of $26.00. Cytokinetics, Inc. (NASDAQ:CYTK) shares fell -64.67% in last trading session and ended the day on $4.59. CYTK return on equity ratio is recorded as -65.90% and its return on assets is -40.80%. Cytokinetics, Inc. (NASDAQ:CYTK) yearly performance is -42.48%.
Ericsson (ADR) (NASDAQ:ERIC) was downgraded by Argus from a “buy” rating to a “hold” rating in a research note issued on Friday, TheFlyOnTheWall.com reports. Ericsson (ADR) (NASDAQ:ERIC) shares moved down -1.79% in last trading session and was closed at $12.04 while trading in range of $11.98 – $12.24 – Ericsson (ADR) (NASDAQ:ERIC) year to date (YTD) performance is 1.95%.
Saia Inc (NASDAQ:SAIA) was downgraded by analysts at Eurobank EFG from a buy rating to a hold rating. They currently have $42.00 price target on the stock, up from their previous price target of $40.00. Saia Inc (NASDAQ:SAIA) weekly performance is 5.42%. On last trading day company shares ended up $40.04. Saia Inc (NASDAQ:SAIA) distance from 50-day simple moving average (SMA50) is 8.75%. Analysts mean target price for the company is $40.63.
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