Brocade (BRCD) -2.9% premarket after JPMorgan downgrades shares to Underweight on expectations...

|About: Brocade Communications Syst... (BRCD)|By:, SA News Editor

Brocade (BRCD) -2.9% premarket after JPMorgan downgrades shares to Underweight on expectations IT budgets will remain under pressure and earnings estimates will need to be reduced.