Notable Upgrades: Broadcom (BRCM), Oracle (ORCL), Retrophin (RTRX), Tekmira Pharmaceuticals (TKMR), Ambarella (AMBA)

Analysts at Nomura are out with a report this morning upgrading shares of Broadcom Corp. (BRCM) with a ‘Buy‘ from ‘Neutral‘ rating. Broadcom Corp. shares are currently priced at 40.71x this year’s forecasted earnings, which makes them quite expensive compared to the industry’s 5.40x earnings multiple. Ticker has a forward P/E of 14.45 and t-12 […] View the full post at: Notable Upgrades: Broadcom (BRCM), Oracle (ORCL), Retrophin (RTRX), Tekmira Pharmaceuticals (TKMR), Ambarella (AMBA) Related posts: Caterpillar Inc. Downgraded to “Neutral” at BofA Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Goldman Sachs Swings to Profit, Plans $5B Offer