Broadcom (BRCM) Earns Daily Media Impact Rating of 0.16

Headlines about Broadcom (NASDAQ:BRCM) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Broadcom earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the semiconductor manufacturer an impact score of 43.7335359332371 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have impacted Accern’s analysis:

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Foxconn brands US-China trade standoff a ‘tech war’ (arnnet.com.au) Ultraviolet Sensor Market Analysis Forecast by leading players Adafruit, Balluff, Apogee, Broadcom with Competitive … (satprnews.com) Global Frequency Multiplier Market 2018 Top Players Broadcom Limited, Richardson RFPD, Insight Product Co (trueindustrynews.com) Wiling Three Stocks: Broadcom Inc. (NASDAQ:AVGO), Best Buy Co., Inc. (NYSE:BBY), James River Group Holdings … (thestreetpoint.com)

Separately, Goldman Sachs Group set a $336.00 target price on Broadcom and gave the company a “buy” rating in a report on Monday, March 26th.

Shares of NASDAQ:BRCM remained flat at $$54.67 during mid-day trading on Friday. Broadcom has a 1 year low of $40.33 and a 1 year high of $58.51.

About Broadcom

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.

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