Brocade Communications (BRCD) Tops Q3 EPS by 5c

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Go back to Brocade Communications (BRCD) Tops Q3 EPS by 5c

Goldman Sachs Upgrades Brocade (BRCD) to Neutral

August 21, 2015 8:47 AM EDT

Goldman Sachs upgraded Brocade (NASDAQ: BRCD) from Sell to Neutral with a price target of $12.00 (from $11.00).

For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.

Shares of Brocade closed at $9.72 yesterday.

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Summit Research Upgrades Brocade (BRCD) to Buy

August 21, 2015 6:34 AM EDT

Summit Research upgraded Brocade (NASDAQ: BRCD) from Hold to Buy with a price target of $14.00 (from $11.00) on improving FC dynamics.

Analyst Srini Nandury commented, "We are upgrading Brocade (BRCD) to BUY and raising our PT to $14 (up from $11) on improving FC outlook, continued strength in Ethernet business, and solid execution. The stock has pulled back significantly (down 23% versus S&P of down 4%) since BRCD last reported on the... More