B. Riley upgraded Broadcom Corporation (NASDAQ:BRCM) due to relative valuation and the LTE baseband product cycle. Price target raised to $37 from $29. Broadcom Corporation (NASDAQ:BRCM) stock opened at $29.09 in last trading session, and closed at $28.72, trading in the range of $28.63 – $29.42. The stock showed a negative weekly performance of -1.20%.
Micron Technology, Inc. (NASDAQ:MU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Monday, Analyst RN reports. They currently have a $26.10 price objective on the stock. Zacks‘ target price indicates a potential upside of 10.08% from the stock’s previous close. Micron Technology, Inc. (NASDAQ:MU) shares closed at $23.33 on last trade day, by losing -1.60%. Stock 52 week range is $7.30 – $24.50. Company’s market capitalization is $24.75 billion.
NVIDIA Corp. (NASDAQ:NVDA) was downgraded by Canaccord Genuity from a “buy” rating to a “hold” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports. They currently have a $16.00 price objective on the stock. Canaccord Genuity’s price objective would suggest a potential downside of 2.20% from the stock’s previous close. NVIDIA Corporation (NASDAQ:NVDA) stock decreased -2.35% and finished the last session at $15.36. The EPS of the stock remained 0.77. Company’s market capitalization is $8.73 billion.
Wireless operator Sprint Corporation (NYSE:S), Nextel Corp., pork producer Smithfield Foods Inc. and now whiskey maker Beam Inc. have fallen into Asian hands in the last year. Sprint Corporation (NYSE:S) stock opened at $9.36 in last trading session and closed at $9.09. The 52 week range of the stock is $5.15 – $11.47 and the day range was $9.01 – $9.40.