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Lazard Downgrades Foundry Networks (FDRY) to Hold

December 17, 2008 10:12 AM EST
FDRY Hot Sheet
Rating Summary:
    0 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Lazard Capital Markets downgrades Foundry Networks (Nasdaq: FDRY) from Buy to Hold.

Foundry Networks, Inc. designs, develops, manufactures, markets, and sells switching and routing solutions for wired and wireless local area networks (LAN), metropolitan area networks (MAN), wide area networks (WAN), and other infrastructure products worldwide.

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