FBR Starts Blue Coat Systems (BCSI) at Market Perform

June 23, 2008 5:48 PM EDT

Friedman Billings Ramsey initiates coverage on Blue Coat Systems (Nasdaq: BCSI) with a Market Perform rating.

Blue Coat Systems, Inc. provides hardware appliances and software for controlling and securing Web-based communications in the secure Internet gateway and WAN application delivery markets worldwide.


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