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News Breaks
11:57 EDTBRCD
theflyonthewall.com: Brocade levels to watch
The shares dropped sharply today but have bounced after testing close to the 200-week moving average, last at $6.96. This has been a major support for the shares since May of this year, and had been important support in the prior three year period. A break below this moving average would have major bearish implications. Next support would be at the 200-day moving average, last at $6.69. Resistance is currently at $7.44, $7.57, $7.70. :theflyonthewall.com



News For BRCD From The Last 14 Days
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February 9, 2010
09:32 EDTBRCD
theflyonthewall.com: Brocade mentioned positively at Broadpoint AmTech
Broadpoint AmTech believes its investment thesis for Brocade shares is intact and finds the stock's valuation "cheap" at current levels. The firm reiterates a Buy rating on the stock with an $11 price target ahead of the company's Q1 results. :theflyonthewall.com

February 4, 2010
09:42 EDTBRCD
theflyonthewall.com: Brocade shares attractive following recent decline, says Avian
Avian believes strength in Brocade's storage segment will likely offset most if not all of the weakness on the LAN side. The firm recommends buying the stock following the recent weakness and reiterates a Positive opinion on the name. :theflyonthewall.com
09:39 EDTBRCD
theflyonthewall.com: Brocade weakness a buying opportunity, says Wedbush

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February 2, 2010
08:12 EDTBRCD
theflyonthewall.com: Brocade should be bought on weakness, says Oppenheimer

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February 1, 2010
20:35 EDTBRCD
theflyonthewall.com: Jim Cramer's "Mad Money"

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07:55 EDTBRCD
theflyonthewall.com: Brocade upgraded at ThinkEquity
As reported earlier, ThinkEquity upgraded Brocade to Buy from Hold. The firm thinks the company will likely benefit from a significant enterprise network upgrade cycle which has an increased chance of occurring this year. :theflyonthewall.com
07:48 EDTBRCD
theflyonthewall.com: Brocade upgraded to Buy from Hold at ThinkEquity

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