Mid Cap New Highs: Brocade Communications Systems (NASDAQ:BRCD), The Home Depot (NYSE:HD), Precision Drilling (NYSE:PDS), Lam Research (NASDAQ:LRCX)

Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng sold 15,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $10.35, for a total transaction of $155,250.00. Following the transaction, the vice president now directly owns 292,625 shares in the company, valued at approximately $3,028,669. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares after opening at $10.27 moved to $10.55 on last trade day and at the end of the day closed at $10.46. Company price to sales ratio in past twelve months was calculated as 2.10 and price to cash ratio as 4.61. Brocade Communications Systems, Inc. (NASDAQ:BRCD) showed a positive weekly performance of 4.18%.

Home Depot (NYSE:HD)‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued to investors on Wednesday, Analyst Ratings Network reports. They currently have a $85.00 price target on the stock. Zacks’ target price would suggest a potential upside of 4.96% from the company’s current price. The Home Depot, Inc. (NYSE:HD) shares fell -0.24% in last trading session and ended the day on $79.47. HD return on equity ratio is recorded as 111.80% and its return on assets is -19.80%.

Precision Drilling (NYSE:PDS)‘s stock had its “sector outperform” rating restated by research analysts at Scotiabank in a report released on Tuesday, StockRatingsNetwork reports. Precision Drilling Corp (USA) (NYSE:PDS) shares moved up 0.79% in last trading session and was closed at $11.52, while trading in range of $11.40-$11.72. Precision Drilling Corp (USA) (NYSE:PDS) year to date performance is 23.61%.

Shares of Lam Research Corp. (NASDAQ:LRCX) have earned an average recommendation of “Buy” from the twenty-two brokerages that are covering the company, Analyst Ratings Net reports. Four research analysts have rated the stock with a hold recommendation and seventeen have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $60.35. Lam Research Corporation (NASDAQ:LRCX) weekly performance is 3.21%. On last trading day company shares ended up $56.59. Lam Research Corporation (NASDAQ:LRCX) distance from 50-day simple moving average is 7.15%. Analysts mean target price for the company is $62.16.

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