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Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
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Brocade Communications Systems Rises 3% After Q4 Results
Monday, November 18, 2013 - 5:34pm | 265Brocade Communications Systems (NASDAQ: BRCD) is up more than three percent after reporting the firm's fourth quarter results. The company's Q4 EPS came in at $0.24 versus the Street estimate of $0.18, beating by $0.06. Earnings per share were up 41 percent from the year-ago period. "Q4 was a...
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Wunderlich Securities Reiterates Buy and PT of $8 on Brocade Communications Systems
Monday, June 27, 2011 - 5:55am | 47Wunderlich Securities reiterated its Buy rating on Brocade Communications Systems (NASDAQ: BRCD). At the same time, Wunderlich left its price target on the company's stock unchanged at $8. On Friday, Brocade lost 7.2% of its value to end the week at $6.19.
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Goldman Sachs Provides Color on Silicon Valley Companies
Wednesday, June 8, 2011 - 8:42am | 470Goldman Sachs provided color on a number of Silicon Valley companies in a research report published today. Goldman was disappointed with Cisco Systems (NASDAQ: CSCO), after the company's failure to create a router that can match its competitors. The report states, "Cisco announced a new edge...
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Goldman Sachs Raises PT From $6.25 To $6.50 On Brocade Communications Systems
Friday, May 20, 2011 - 7:29am | 101In a recent report, Goldman Sachs has raised the price target from $6.25 to $6.50 and has reiterated a Neutral rating on Brocade Communications Systems (NASDAQ: BRCD) after F2Q results were inline with estimates. In the report, Goldman Sachs said, "We believe there is potential for near-term...
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Wunderlich Reiterates Buy and PT of $8 on Brocade Communications Systems (BRCD)
Tuesday, May 17, 2011 - 6:23am | 192Wunderlich Securities reiterated its Buy rating on Brocade Communications Systems (NASDAQ: BRCD). At the same time, Wunderlich left its price target unchanged at $8. In a research report published today, Wunderlich stressed that even though it left its rating and price target untouched, it has a...
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Brocade Communications (BRCD) Plummets After Revenue Disappoints
Monday, February 22, 2010 - 7:57pm | 98Shares of Brocade Communications Systems (Nasdaq: BRCD) fell 15% in after hours trading after the company released an earnings report that didn't meet consensus expectations. The networking equipment maker reported 1st quarter revenue of $539.5 million, slightly below the average analysts estimate...