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Enter Symbol:
Brocade Communications Systems, Inc. (BRCD) [hlAlert]

down 0.84 %

Brocade Communications Systems, Inc. (BRCD) rated Sell with price target $8.50 by UBS

Posted on: Tuesday,  Jan 5, 2016  12:25 PM ET by UBS

UBS rated Sell Brocade Communications Systems, Inc. (NASDAQ: BRCD) on 01/05/2016. Previously UBS rated Sell Brocade Communications Systems, Inc. (NASDAQ: BRCD) on
07/20/2015., when the stock price was $10.54. Since then, Brocade Communications Systems, Inc. has gained 0.85% as of 01/05/2016's recent price of $10.63.
If you would have followed the previous UBS's recommendation on BRCD, you would have lost 0.84% of your investment in 169 days.

Brocade Communications Systems, Inc. delivers industry-leading platforms, solutions, and services for intelligently connecting, managing, and optimizing IT resources in shared storage environments. The world's premier systems, server, and storage providers offer the Brocade SilkWorm family of Storage Area Network connectivity platforms as the foundation for shared storage in organizations of all sizes. In addition, the Brocade Tapestry family of IT infrastructure solutions extends the ability to proactively manage and optimize application and information resources across the enterprise. Using Brocade solutions, organizations are better positioned to reduce cost, manage complexity, and satisfy business compliance requirements through optimized use and management of their IT resources.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2016 12:25 PM Sell
8.96 8.50
as of 8/27/2015
1 Week down  -4.83 %
1 Month up  16.95 %
3 Months down  -0.85 %
1 YTD down  -0.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/20/2015 12:25 PM Sell
10.54 9.00
10/27/2011 12:25 PM Hold
4.45 4.35
8/8/2011 10:25 AM Hold
3.32 3.75
2/18/2011 11:25 AM Hold
6.58 6.50
2/15/2008 9:25 AM Hold
7.65 7.75
11/1/2007 11:25 AM Hold
9.32 10.00

(*) Stock Price at the time of the recommendation.
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