|
|
|
Downgrades: Brocade, Buckle
November 12, 2009
This morning, Lazard downgraded shares of Brocade (BRCD) from Buy to Hold as the buyout potential for the company has diminished since 3Com agreed to be acquired by Hewlett-Packard. It was originally thought that Brocade would be a buyout target for HP, but with last night's announcement, a takeover seems less likely.
Copyright (2009) Market News Video.
|
|
|