Coverage Reiterated: Broadcom Corp. (BRCM), Humana Inc. (HUM), IPG Photonics (IPGP), Dish Network Corp. (DISH)

Broadcom Corp. (BRCM) was reiterated a ‘Equal Weight’ by Barclays analysts on Monday. The broker also raised its price target on the stock to $43 from $40.

Broadcom Corp., currently valued at $26.48 billion, has a median Wall Street price target of $50.00 with a high target of $55.00. Approximately 4.03 million shares have already changed hands, compared to the stock’s average daily volume of 5.36 million.

In the past 52 weeks, shares of Raleigh, North Carolina-based company have traded between a low of $28.86 and a high of $46.01 with the 50-day MA and 200-day MA located at $42.86 and $40.98 levels, respectively. Additionally, shares of BRCM trade at a P/E ratio of 1.46 and have a Relative Strength Index (RSI) and MACD indicator of 54.15 and +0.11, respectively.

BRCM currently prints a one year return of about 46%, and a year-to-date return of around 3.50%.

Humana Inc. (HUM) was reiterated as ‘Buy’ with a $180 from $155 price target on Monday by Argus.

Humana Inc. shares are currently priced at 22.27x this year’s forecasted earnings compared to the industry’s 58.78x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.72 and 16.28, respectively. Price/Sales for the same period is 0.48 while EPS is $7.36. Currently there are 9 analysts that rate HUM a ‘Buy’, 15 rate it a ‘Hold’. 1 analyst rates it a ‘Sell’. HUM has a median Wall Street price target of $155.50 with a high target of $175.00.

In the past 52 weeks, shares of the health care company have traded between a low of $102.71 and a high of $165.52 and are now at $163.88. Shares are up 54.03% year-over-year, and 8.70% year-to-date.

IPG Photonics Corporation (IPGP) rating of ‘Buy’ was reiterated today at Needham with a price target decrease of $102 from $98 (versus a $93.28 previous close).

IPGP shares recently gained $3.21 to $96.49. In the past 52 weeks, shares of Oxford, Massachusetts-based company have traded between a low of $60.31 and a high of $98.32. Shares are up 36.21% year-over-year, and 24.51% year-to-date.

Shares of Dish Network Corp. (DISH) are down $0.84 to $77.47 in mid-day trading after Pivotal Research Group reiterated its ‘Buy’ rating and increased its 12-month base case estimate on the name by 5 points to $107 a share.

The stock is up more than 37.22% year-over-year and has gained roughly 7.44% year-to-date. In the past 52 weeks, shares of pay-television services provider have traded between a low of $55.45 and a high of $80.75.

Dish Network Corp. closed Friday at $78.31. The name has a total market cap of $35.71 billion.

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