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

up 36.80 %

Brocade Communications Systems, Inc. (BRCD) rated Buy with price target $11 by Lazard Capital Mkts

Posted on: Friday,  Jun 12, 2009  8:25 AM ET by Lazard Capital Mkts

Lazard Capital Mkts rated Buy Brocade Communications Systems, Inc. (NASDAQ: BRCD) on 06/12/2009, when the stock price was $7.77.
Since then, Brocade Communications Systems, Inc. has gained 36.81% as of 01/05/2016's recent price of $10.63.
If you would have followed this Lazard Capital Mkts's recommendation on BRCD, you would have gained 36.8% of your investment in 2398 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.

Lazard Capital Markets’ research team is broadly recognized for its insight, thoroughness, and objectivity. Lazard Capital Markets’ goal is to help our clients make the best-informed decisions by providing timely, thoughtful analysis as well as access to company management teams and industry thought leaders. Lazard Capital Markets’ industry-focused analysts strive to identify emerging sector trends as well as bottom-up fundamental issues affecting their stocks under coverage. We add value by conducting extensive primary survey work, hosting proprietary events, cultivating industry contacts, and participating in relevant industry conferences.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2009 8:25 AM Buy
7.77 11.00
as of 12/31/2009
1 Week down  -28.02 %
1 Month down  -20.31 %
3 Months down  -28.11 %
1 YTD down  -27.28 %

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