A number of investment brokers have recently updated their price targets on shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD). According to the latest broker reports outstanding on Monday 9th of May, 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

05/03/2016 – Brocade Communications Systems, Inc. was downgraded to “hold” by analysts at Wunderlich. They now have a USD 9 price target on the stock.

05/02/2016 – Brocade Communications Systems, Inc. had its “sector perform” rating reiterated by analysts at RBC Capital. They now have a USD 10 price target on the stock.

04/07/2016 – Brocade Communications Systems, Inc. was upgraded to “buy” by analysts at Argus. They now have a USD 15 price target on the stock.

03/24/2016 – Brocade Communications Systems, Inc. had its “sell” rating reiterated by analysts at UBS. They now have a USD 8.5 price target on the stock.

02/18/2016 – Brocade Communications Systems, Inc. had its “neutral” rating reiterated by analysts at Buckingham Research. They now have a USD 10 price target on the stock.

02/18/2016 – Brocade Communications Systems, Inc. had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 10 price target on the stock.

02/18/2016 – Brocade Communications Systems, Inc. had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 8.5 price target on the stock.

02/18/2016 – Brocade Communications Systems, Inc. had its “buy” rating reiterated by analysts at Craig-Hallum. They now have a USD 11 price target on the stock.

02/16/2016 – Brocade Communications Systems, Inc. had its “neutral” rating reiterated by analysts at Goldman Sachs. They now have a USD 11 price target on the stock.

01/27/2016 – Citigroup began new coverage on Brocade Communications Systems, Inc. giving the company a “neutral” rating. They now have a USD 8.5 price target on the stock.

01/14/2016 – Brocade Communications Systems, Inc. had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 10 price target on the stock.

12/10/2015 – BMO Capital Markets began new coverage on Brocade Communications Systems, Inc. giving the company a “market perform” rating. They now have a USD 10 price target on the stock.

11/24/2015 – Brocade Communications Systems, Inc. had its “hold” rating reiterated by analysts at William Blair.

11/24/2015 – Brocade Communications Systems, Inc. had its “neutral” rating reiterated by analysts at Piper Jaffray. They now have a USD 10 price target on the stock.

11/24/2015 – Brocade Communications Systems, Inc. was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 9 price target on the stock.

The share price of Brocade Communications Systems, Inc. (NASDAQ:BRCD) was up +0.75% during the last day of trading, with a day high of 8.08. 5420982 shares were traded during the last session.

The stock’s 50 day moving average is 9.65 and its 200 day moving average is 9.38. The stock’s market capitalization is 3.25B. Brocade Communications Systems, Inc. has a 52-week low of 7.40 and a 52-week high of 12.88.

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