Friday, October 14, 2011

Broadcom (BRCM) (DKS) (INDB) (LPX) (NTES) Upgraded

Broadcom Corp. (NASDAQ: BRCM), Dick’s Sporting Goods (NYSE: DKS), Independent Bank Corp. (NASDAQ: INDB), Louisiana-Pacific Co. (NYSE: LPX) and Netease.com Inc (NASDAQ: NTES) were upgraded by analysts.

Broadcom Corp. (BRCM) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $46.00 on the company, up from $36.00.

Dick’s Sporting Goods (DKS) was upgraded by ThinkEquity from a “Hold” rating to a “Buy” rating. They have a price target of $42.00 on the company.

Independent Bank Corp. (INDB) was upgraded by TheStreet to a “Buy” rating.

Louisiana-Pacific Co. (LPX) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $8.00 on the company, down from $9.00.

Netease.com Inc. (NTES) was upgraded by Piper Jaffray (NYSE:PJC) to an “Overweight” rating. They have a price target of $59.00 on the company.

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