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Monday, January 9, 2012

IPC (IPCM) (P) (MTB) (NEM) (AVGO) (BRCM) Ratings, Price Targets

IPC The Hospitalist (NASDAQ: IPCM), Pandora Media (NYSE: P), M&T Bank Co. (NYSE: MTB), Newmont Mining Co. (NYSE: NEM), Avago Technologies (NASDAQ: AVGO) and Broadcom Corp. (NASDAQ: BRCM) ratings and price targets.

IPC The Hospitalist (IPCM) was downgraded by Dougherty & Co. from a “buy” rating to a “neutral” rating. They have a price target of $41.00 on the firm, down from $56.00.

Pandora Media (P) is now covered by Needham & Company. They have a “buy” rating and a price target of $13.00 on the firm.

M&T Bank Co. (MTB) was downgraded by Bank of America (NYSE:BAC) from a “buy” rating to a “neutral” rating.

Newmont Mining Co. (NEM) was downgraded by Deutsche Bank (NYSE:DB) from a “buy” rating to a “hold” rating.

Avago Technologies (AVGO) was upgraded by Nomura (NYSE:NMR) from a “neutral” rating to a “buy” rating.

Broadcom Corp. (BRCM) was upgraded by Deutsche Bank from a “hold” rating to a “buy” rating.

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