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

Rating:
Outperform
BRCD
up 35.24 %

Brocade Communications Systems, Inc. (BRCD) rated Outperform with price target $11 by Pacific Crest

Posted on: Monday,  Aug 17, 2009  9:25 AM ET by Pacific Crest

Pacific Crest rated Outperform Brocade Communications Systems, Inc. (NASDAQ: BRCD) on 08/17/2009, when the stock price was $7.86.
Since then, Brocade Communications Systems, Inc. has gained 35.24% as of 01/05/2016's recent price of $10.63.
If you would have followed this Pacific Crest's recommendation on BRCD, you would have gained 35.24% of your investment in 2332 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.

Pacific Crest'S exclusive focus on technology allows to provide more in-depth coverage than other firms. • Pacific Crest has a senior research analyst for each of the 18 tech sectors covered and we cover over 230 tech stocks • Collaboration between analysts helps us provide a complete picture of emerging trends and the convergence and consolidation taking place in the tech industry • Pacific Crest is expanding international coverage includes companies in emerging markets that will play an important part in changing the tech landscape - Over 30% of our coverage list is international
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2009 9:25 AM Buy
None
7.86 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  -28.11 %

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