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

Rating:
Buy BRCD
up 74.83 %

Brocade Communications Systems, Inc. (BRCD) rated Buy with price target $8.25 by Broadpoint AmTech

Posted on: Friday,  May 7, 2010  9:25 AM ET by Broadpoint AmTech

Broadpoint AmTech rated Buy Brocade Communications Systems, Inc. (NASDAQ: BRCD) on 05/07/2010, when the stock price was $6.08.
Since then, Brocade Communications Systems, Inc. has gained 74.84% as of 01/05/2016's recent price of $10.63.
If you would have followed this Broadpoint AmTech's recommendation on BRCD, you would have gained 74.83% of your investment in 2069 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.

Broadpoint AmTech
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2010 9:25 AM Buy
None
6.08 8.25
as of 12/31/2010
1 Week up  4.82 %
1 Month up  13.45 %
3 Months down  -3.58 %
1 YTD down  -7.07 %

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