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Wunderlich Downgrades Brocade Communications To Hold

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Courtesy of Benzinga.

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Analysts at Wunderlich downgraded Brocade Communications Systems (NASDAQ: BRCD) from Buy to Hold.

The price target for Brocade Communications is set to $12.

Brocade Communications shares have jumped 35.30% over the past 52 weeks, while the S&P 500 index has surged 14.79% in the same period.

Brocade Communications’ shares fell 2.05% to $11.45 in after-hours trading.

Latest Ratings for BRCD

Date Firm Action From To
Nov 2014 Wunderlich Downgrades Buy Hold
Sep 2014 Summit Research Upgrades Sell Hold
Sep 2014 Wunderlich Maintains Buy

View More Analyst Ratings for BRCD
View the Latest Analyst Ratings

Posted-In: WunderlichDowngrades Analyst Ratings

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