Brocade Increases Stock Repurchase Authorization by $700M
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/7/2026
- US stock futures rise ahead of jobs data; chip, software shares rally
- US nonfarm payrolls fall in July; unemployment rate eases to 4.1%
- Oil prices drop as investors weigh potential Hormuz deal between Iran and Gulf states
- Atlassian results seen as 'game changer' for AI kills software worries
- The Trade Desk hit by Wall St downgrades after disappointing Q2 results, outlook
- Trump held multiple undisclosed calls with Fed Chair Warsh, reports say
- Stocks close lower as investors eye Mideast talks, earnings
- Apollo to acquire easyJet for £5.7B in cash deal
- Nielsen to acquire DoubleVerify in merger deal
- The Trade Desk Inc. (TTD) Tops Q2 EPS by 16c, Misses on Revenue; Offers Weak Q3 Revenue Guidance
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
- After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
RBC Capital Reiterates Sector Perform on Brocade Communications (BRCD)
October 1, 2015 9:12 AM EDTRBC Capital reiterated a Sector Perform rating and $12.00 price target on Brocade (NASDAQ: BRCD).
Analyst Mark Sue commented, "Brocade is supplementing durability in the SAN business with new products and diversification in partnership, while IP networking business is better. Software monetization is... More
Baird Cuts Price target on Brocade Communications (BRCD) to $11 Following Analyst Day
October 1, 2015 6:57 AM EDTBaird maintained a Neutral rating on Brocade (NASDAQ: BRCD), and cut the price target to $11.00 (from $12.00), following the company's analyst day. The company offered F16-17 non-GAAP gross margin guidance of 67%-68% which is up 100 bps from previous guidance.
Analyst Jayson Noland commented,... More
