Perform to outperform


A company that was upgraded was Broadcom. It appears that Oppenheimer upgraded Broadcom from perform to outperform because their stock price is on the high end of their 52-week average with significantly lower than average volume. They closed up today 0.54 or 1.44%. Broadcom's stock price closed at $37.62, their P/E is 56.04, their earnings per share is $0.68 and their dividends are at $0.48. A company that was downgraded is Marvell. It appears Oppenheimer downgraded Marvell Technology Group from perform to under-perform because their stock is down 0.31 or 2.12%. Although they closed a little above the middle of their 52-week average, their volume was well above average. Marvell closed at $14.64, they have earnings per share of $0.71, their P/E is 20.15 and they currently have dividends of $0.24.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Perform to outperform
Reference No:- TGS0554305

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)