UPDATE: J.P. Morgan Maintains On Brocade On Expected Divestitures

In a report published Monday, J.P. Morgan analyst Mark Moskowitz maintained an Underweight rating on Brocade (NASDAQ: BRCD ) but raised the price target from $7.00 to $8.00. In the report, J.P. Morgan said "We are adjusting our Brocade model for market- and company-specific factors. Our F2013/F2014 revenue estimates are