Brocade Increases Stock Repurchase Authorization by $700M
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/1/2026
- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets
- Micron reports Q4 today: Why Lynx Equity sees massive upside
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Zimbabwe helicopter crash kills six, government spokesperson says
- Apple's iOS 27 is blocking Trade Desk ads on Safari, analyst says
- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
- Mattel names Roger Lynch as chairman and CEO, replacing Ynon Kreiz
- HPE raises networking revenue outlook, secures $1.2B Vultr order
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
