Brocade Communications Systems, Inc. (BRCD) rated Buy with price target $8 by The Benchmark Company
The Benchmark Company rated Buy Brocade Communications Systems, Inc. (NASDAQ: BRCD) on 02/18/2011, when the stock price was $6.72.
Since then, Brocade Communications Systems, Inc. has lost 18.30% as of 05/21/2013's recent price of $5.49. If you would have followed this The Benchmark Company's recommendation on BRCD, you would have lost 18.3% of your investment in 823 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.
The Benchmark Company
's Equity Research team is one of the most experienced on the Street. Our analysts average almost two decades of sell-side research experience and many have substantial experience in the industries they cover as well. Our people give us the ability to deliver insightful and unique research seasoned by the experience of having lived through multiple bull and bear markets, and having covered their companies longer than most of their peers.