Ruckus Wireless Expands Wave 2 Portfolio
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Baird Raises Price Target on Brocade Communications (BRCD) Following Ruckus Acquisition
June 1, 2016 7:31 AM EDTBaird reiterated a Neutral rating on Brocade Communications (NASDAQ: BRCD), and raised the price target to $10.00 (from $9.00), following the company's recent Ruckus acquisition. Management described the announcement as an important milestone in the company's plans to become a pure-play networking vendor.
Analyst Jayson... More
