BofA Downgrades Foundry Networks (FDRY) to Neutral

June 6, 2008 7:39 AM EDT

BofA downgrades Foundry Networks (Nasdaq: FDRY) from Buy to Neutral.

Foundry Networks, Inc. (Foundry) designs, develops, manufactures, markets and sells switching and routing solutions designed for wired and wireless local area networks (LANs), metropolitan area networks (MANs), wide area networks (WANs), in addition to other infrastructure products for both enterprise networks and the Internet.


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