Stifel Nicolaus Initiates Coverage on Foundry Networks (FDRY) with a Buy
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Stifel Nicolaus initiates coverage on Foundry Networks (Nasdaq: FDRY) with a Buy. Price target $16.
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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