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Premarket roundup: CBS, Broadcom



By AP
07 July 2008 @ 09:37 am EST

Among the premarket stories for Monday, July 7, from AP Financial News:

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Quotes
CBS 16.47 0.01
BRCM 26.82 -0.5

SYMBOL LOOKUP

NEW YORK (AP)--A Lehman Brothers analyst cut shares of CBS Corp. to "Underweight" Monday, saying its radio and TV divisions may experience weakness.

NEW YORK (AP)--An analyst assumed coverage of, and boosted a rating and price target on Broadcom Corp. Monday, saying a few of the semiconductor company's product cycles may be able to help boost revenue.

NEW YORK (AP)--Shares of networking equipment maker Juniper Networks are rising in premarket trading, after a Piper Jaffray analyst upgraded the stock because of Juniper's upcoming slate of products.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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