Citigroup Upgrades Brocade Communications Systems To Buy

Analysts at Citigroup upgraded Brocade Communications Systems, Inc. BRCD from Sell to Buy. The price target for Brocade Communications is set to $15. Brocade Communications shares have gained 24.26% over the past 52 weeks, while the S&P 500 index has surged 15.12% in the same period. Brocade Communications' shares rose 0.34% to close at $11.68 yesterday.