Analysts: Outerwall Has Numerous Catalysts and 3 More Research Notes to Look Through

Outerwall (NASDAQ:OUTR): Wedbush added Outerwall to the Best Ideas List ahead of catalysts that include a strong slate of DVD releases, Redbox expansion in Canada, a mix shift toward higher-priced Blu-ray DVDs, and increased video game rentals. The shares are Outperform rated with a $78 price target.

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Broadcom (NASDAQ:BRCM): Piper Jaffray has lowered its estimates and price target for Broadcom to $34 from $47, citing the mix shift in smartphones to the low end, which the firm believes will continue to pressure the company’s revenue growth. It keeps an Overweight rating on the stock.

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Viacom (NYSE:VIAB): Needham has downgraded Viacom based on valuation, ratings weakness, lower earnings revisions due to a weaker entertainment segment, and higher interest expense, as well as a pushback on affiliate fee growth. The shares are now rated Hold, down from Buy.

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Sirius XM (NASDAQ:SIRI): Citigroup has raised its price target for Sirius XM to $4.50 from $3.60 based on expectations that the company’s subscriber ads can increase in 2015 — and beyond — from the growing pool of used cars with Sirius hardware. The firm expects Sirius to use its free cash flow to retire shares and keeps a Buy rating on the stock.

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