Notable Downgrades: Broadcom (BRCM), SFX Entertainment (SFXE), Epizyme (EPZM), Aéropostale, Inc. (ARO), Lumber Liquidators (LL)

Analysts at Canaccord Genuity downgraded Broadcom Corp. (BRCM) from ‘Buy‘ to ‘Hold‘ in a research report issued to clients on Friday.

The target price for BRCM is lowered from $50 to $47.

On valuation measures, Broadcom Corp. stock it’s trading at a forward P/E multiple of 14.53x, and at a multiple of 40.77x this year’s estimated earnings. The t-12-month revenue at Broadcom is $8.43 billion. BRCM ‘s ROE for the same period is 7.49%.

Shares of the $26.38 billion market cap company are up 47.98% year-over-year and 3.54% year-to-date.

Broadcom Corp., currently with a median Wall Street price target of $50.00 and a high target of $55.00, dropped $0.69 to $44.03 in recent trading.

The chart below shows where the equity has traded over the past 52-weeks.

SFX Entertainment Inc. (SFXE) was downgraded from ‘Buy‘ to ‘Hold‘ at Maxim Group.

Shares have traded today between $4.18 and $4.63 with the price of the stock fluctuating between $3.13 to $8.67 over the last 52 weeks.

SFX Entertainment Inc. shares have a t-12 price/sales ratio of 1.24. EPS for the same period registers at ($1.56).

Shares of SFXE have lost $0.31 to $4.37 in mid-day trading on Friday, giving it a market cap of roughly $395 million. The stock traded as high as $8.67 in June 23, 2014.

Epizyme, Inc. (EPZM) was reiterated a ‘Buy’ by Mizuho analysts on Friday. The broker also cut its price target on the stock to $29 from $35.

EPZM shares recently lost $1.40 to $24.05. In the past 52 weeks, shares of Cambridge, Massachusetts-based biopharmaceutical company have traded between a low of $16.51 and a high of $40.98. Shares are down 11.20% year-over-year ; up 34.87% year-to-date.

Aéropostale, Inc. (ARO) was reiterated as ‘Underperform’ with a $3.00 from $4.00 price target on Friday by Telsey Advisory Group.

ARO shares recently lost 62c to $3.08. The stock is down more than 57% year-over-year and has gained roughly 33% year-to-date. In the past 52 weeks, shares of the New York-based company have traded between a low of $2.13 and a high of $6.49.

Aéropostale, Inc. closed Thursday at $3.70. The name has a total market cap of $243.77 million.

Lumber Liquidators Holdings, Inc. (LL) was downgraded by Goldman (GS) from a ‘Buy‘ rating to a ‘Neutral‘ rating in a research report issued to clients on Friday.

LL closed at $36.08 on Thursday and is currently trading down $4.42.

In the past 52 weeks, shares of Toano, Virginia.-based hardwood flooring retailer have traded between a low of $27.79 and a high of $108.40 and are now trading at $31.66. Shares are down 65.01% year-over-year and 45.59% year-to-date.

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