Brocade Communications (BRCD) Trims Q2 Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/7/2026

1. MRVL
2. ZS
3. PENG
4. STZ
5. SKYD
6. BBIO
7. RCKT
8. NVDA
9. CRBU
10. GOOGL

Go back to Brocade Communications (BRCD) Trims Q2 Outlook

Wunderlich Securities Downgrades Brocade (BRCD) to Hold

May 3, 2016 6:37 AM EDT

Wunderlich Securities downgraded Brocade (NASDAQ: BRCD) from Buy to Hold with a price target of $9.00 (from $10.50).

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 $8.51 yesterday.

... More

RBC Capital Cuts Price Target on Brocade Communications (BRCD) Following Negative 2Q Pre-Announcement

May 2, 2016 1:20 PM EDT

RBC Capital maintained a Sector Perform rating on Brocade Communications (NASDAQ: BRCD), and cut the price target to $10.00 (from $11.00), following the company's negative 2Q pre-announcement. The company expects earnings to be $518-528M in revenue, as well as an EPS of $0.21-0.23,... More