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Blue Coat shares up after upgrade to ‘Outperform’

Posted on June 4, 2010 by

Shares of Blue Coat Systems Inc. rose Thursday after an upgrade from FBR Capital Markets, which said the stock looks like a good buy after a recent sell-off. FBR analyst Daniel Ives upgraded the stock to “Outperform” from “Market Perform” in a note to clients, saying the drop in price and recent industry checks point to a “good buying opportunity.” …

Read the original post by Kentucky.com

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