Positive News Coverage Extremely Likely to Affect Broadcom (BRCM) Stock Price
News coverage about Broadcom (NASDAQ:BRCM) has trended positive recently, according to Alpha One Sentiment. Alpha One, a unit of Accern, rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Broadcom earned a news impact score of 0.41 on Alpha One’s scale. Alpha One also gave news coverage about the semiconductor manufacturer an impact score of 93 out of 100, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected AlphaOne Sentiment Analysis’s scoring:
- Intro Guide To The Fidelity Select Semiconductors Fund (FSELX) (talkmarkets.com)
- Ruckus Lines Up Assets Ahead of Arris Sale – Light Reading (lightreading.com)
- The Somewhat Positive Press Coverage Very Likely to Impact Broadcom (BRCM) Stock Price – BangaloreWeekly (bangaloreweekly.com)
- Toshiba Reportedly Favoring Broadcom in Flash Business Sale – TheStreet.com (thestreet.com)
Separately, MKM Partners started coverage on shares of Broadcom in a research report on Wednesday, February 22nd. They set a “buy” rating and a $216.40 price objective for the company.
Broadcom Company Profile
Broadcom Corporation (Broadcom) provides semiconductor solutions for wired and wireless communications. The Company offers a portfolio of system-on-a-chip solutions (SoCs) that deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. The Company’s solutions are used globally by manufacturers and are embedded in an array of communications products.
Receive News & Stock Ratings for Broadcom Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom Co. and related stocks with our FREE daily email newsletter.