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Piper Jaffray Upgrades Barracuda Networks (CUDA) to Overweight

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BWS Financial Raises Price Target on Barracuda Networks (CUDA) to $30

October 12, 2016 9:37 AM EDT

BWS Financial reiterated a Buy rating on Barracuda Networks (NYSE: CUDA), and raised the price target to $30.00 (from $26.00), following the company's 2Q earnings report. CUDA ended the quarter with 299 thousand subscribers
compared to 286 thousand in the first quarter.

Analyst Hamed Khorsand commented, "Barracuda Networks... More

Rosenblatt Reiterates Buy on Barracuda Networks (CUDA) Following 2Q Report

October 12, 2016 9:15 AM EDT

Rosenblatt reiterated a Buy rating and $30.00 price target on Barracuda Networks (NYSE: CUDA) following the company's 2Q earnings report. EPS came in at $0.21, a penny better than the street while both billings of $100.3 million and revenue of $87.9 million were ahead of guidance and... More

BTIG Lifts PT on Barracuda Networks (CUDA) to $28; Still Sees Plenty of Near-Term Drivers

October 12, 2016 6:57 AM EDT

BTIG lifts its price target on Buy-rated Barracuda Networks (NYSE: CUDA) from $26 to $28 following Q2 results issued Tuesday night.

Analyst Joel Fishbein commented: Billings and revenue beat slightly, suggesting improving momentum in the core business, while the EPS beat (partially aided by... More

Barracuda Networks (CUDA) Tops Q2 EPS by 8c

October 11, 2016 4:02 PM EDT

Barracuda Networks (NYSE: CUDA) reported Q2 EPS of $0.21, $0.08 better than the analyst estimate of $0.13. Revenue for the quarter came in at $87.9 million versus the consensus estimate of $85.27 million.

"In the second quarter, we are pleased with our financial results, and continue to... More