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Oppenheimer Downgrades Brocade (BRCD) to Perform, Shares Down 31% on The Day

August 5, 2011 12:05 PM EDT
Get Alerts BRCD Hot Sheet
Price: $12.73 --0%

Rating Summary:
    4 Buy, 22 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 9
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Oppenheimer downgraded shares of Brocade (NASDAQ: BRCD) to a Perform rating from its previous rating of Outperform.

Shares of BRCD are currently trading down $1.51 or 30.89 percent to $3.38.

For more ratings news on Brocade click here and for the rating history of Brocade click here.

Shares of Brocade closed at $4.89 yesterday.


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