Brocade Communications (BRCD) Tops Q3 EPS by 4c

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Go back to Brocade Communications (BRCD) Tops Q3 EPS by 4c

Brocade (BRCD) PT, Est. Raised at BMO Capital on Solid Q3, Conservative Guidance

August 22, 2014 7:24 AM EDT

BMO Capital analyst Keith Bachman reiterated a Market Perform rating but bumped his price target on Brocade (NASDAQ: BRCD) to $11.00 (from $10.00) following solid Q3 results and likely conservative guidance.

Bachman comments, "We believe the October-quarter guide looks conservative on revenues and cash flows.... More

Brocade (BRCD) Sees Q4 GM of 56%-57%

August 21, 2014 5:49 PM EDT

Brocade (NASDAQ: BRCD) sees Q4 gross margin of 56%-57% and operating margin of 25%-26.5%.

... More