Dallas,TX 2/5/2010 12:00:21 AM
News / Business

Today’s Analyst Upgraded Stocks NASDAQ: BRCM, AFFX, OTEX

Analyst Upgraded Stocks

 

Broadcom Corporation (NASDAQ:BRCM) surged 2.29% to $28.53. GC Research upgrades the stock from Neutral to Overweight. Price target increased from $30 to $40. The 52-week trading range for BRCM is $15.31-$32.49. Broadcom Corporation (Broadcom) is a provider of semiconductors for wired and wireless communications. Broadcom provides a portfolio of system-on-a-chip (SoC) and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices.

 

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Affymetrix, Inc. (NASDAQ:AFFX) J.P. Morgan AFFX) from Underweight to Neutral. Price target $8.   Now, AFFX is up 25.04% at $7.09. Affymetrix, Inc. is engaged in the development, manufacture, sale and service of consumables and systems for genetic analysis in the life sciences and clinical healthcare markets.

 

Open Text Corporation (USA) (NASDAQ:OTEX) Benckmark upgrades OTEX from Hold to Buy. Price target $48.  OTEX is now trading at $43.86, 8.16% up. Open Text Corporation (Open Text) is an independent company providing enterprise content management (ECM) software solutions. The Company’s ECM software products help its customers to manage their critical business content, including version revisions and compliance with regulatory requirements.

 

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