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Broadcom Corporation Message Board

  • lakers_w lakers_w Oct 10, 2006 6:39 PM Flag

    Amtech downgrades BRCM to Sell,tgt=$23

    08:52 BRCM Broadcom downgraded to Sell from Neutral at Amtech- tgt $23 (30.85 ) -Update-

    Amtech downgrades BRCM to Sell from Neutral with a $23 tgt noting MRVL is the latest to pre-announce a miss along with KOMG, ADI, MXIM, NSM, SLAB, CSR, XLNX, MSCC, SMTC, and MCHP. Given these pre-announced misses, the firm is concerned with a semiconductor slow-down and build-up of component inventory across multiple end markets including industrial, consumer, enterprise, and communications.

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