Wedbush Morgan Starts Foundry Networks (FDRY) at Buy; $15 PT
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Wedbush Morgan initiates coverage on Foundry Networks (Nasdaq: FDRY) with a Buy rating and a $15 price target.
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. [BCS]
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