Janney Montgomery Scott Downgrades Brocade (BRCD) to Neutral, Cuts Price Target by 50%
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Price: $5.65 --0%
Rating Summary:
4 Buy, 16 Hold, 5 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 10 | New: 19
Rating Summary:
4 Buy, 16 Hold, 5 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 10 | New: 19
Trade BRCD Now!
Janney Montgomery Scott downgraded shares of Brocade (NASDAQ: BRCD) to a Neutral rating from its previous rating of Buy and cut its price target from $8 to $4.
For more ratings news on Brocade click here and for the rating history of Brocade click here.
Shares of Brocade closed at $4.89 yesterday, with a 52 week range of $4.64-$7.30.
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For more ratings news on Brocade click here and for the rating history of Brocade click here.
Shares of Brocade closed at $4.89 yesterday, with a 52 week range of $4.64-$7.30.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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