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

up 95.40 %

Brocade Communications Systems, Inc. (BRCD) rated Outperform with price target $7.50 by Oppenheimer

Posted on: Tuesday,  Feb 23, 2010  10:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Brocade Communications Systems, Inc. (NASDAQ: BRCD) on 02/23/2010, when the stock price was $5.44. Since
then, Brocade Communications Systems, Inc. has gained 95.40% as of 01/05/2016's recent price of $10.63.
If you would have followed this Oppenheimer's recommendation on BRCD, you would have gained 95.4% of your investment in 2142 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/23/2010 10:25 AM Buy
5.44 7.50
as of 12/31/2010
1 Week up  4.82 %
1 Month up  13.45 %
3 Months down  -3.58 %
1 YTD down  -25.95 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2009 8:25 AM Buy
7.20 8.50
10/12/2009 8:25 AM None
9/11/2009 8:25 AM Buy
8.19 10.00

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