Friday, March 13, 2015

Analysts' Actions: Broadcom, Genesco, Intel, Royal Dutch Shell and More

NEW YORK (TheStreet) -- RATINGS CHANGES Broadcom was downgraded to hold from buy at Canaccord Genuity. There is limited earnings upside potential, Canaccord said. Twelve-month price target is $47. Rockwell Collins was upgraded to buy from hold at Canaccord Genuity. Twelve-month price target is $108. Recent meeting with management suggests the company can expand margins, Canaccord Genuity said. Genesco was downgraded to neutral from buy at Sterne Agee. Lids division is a drag on overall growth, Sterne Agee said. Intel was upgraded to buy at Canaccord Genuity. Twelve-month price target is $38. Despite a lower PC outlook, data center and Internet of Things demand should continue to drive growth, Canaccord Genuity said. Nacco Industries was downgraded to sell at TheStreet Ratings. You can view the full analysis from the report here: NC Ratings Report. OneBeacon Insurance was downgraded to hold at TheStreet Ratings. You can view the full analysis from the report here: OB Ratings Report. Royal Dutch Shell was downgraded to sector perform from outperform at RBC Capital. Valuation call, given lower LNG expectations, RBC Capital said. Must Read: 10 Stocks Carl Icahn Loves for 2015: Apple, eBay, Hertz and More Editor's note: To see analysts' stock comments and changes to price targets and earnings estimates, go to "Street Notes," which is available only to Real Money subscribers. To find out how to become a subscriber, please click here. Follow TheStreet on Twitter and become a fan on Facebook.


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