Rosenblatt Reiterates Buy on Barracuda Networks (CUDA) Following 2Q Report
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
BWS Financial Raises Price Target on Barracuda Networks (CUDA) to $30
October 12, 2016 9:37 AM EDTBWS 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
Pre-Open Stock Movers 10/12: (IPCI) (VOXX) (CUDA) Higher; (ERIC) (FTNT) (FEYE) Lower (more...)
October 12, 2016 8:58 AM EDTToday's Pre-Open Stock Movers:
Intellipharmaceutics International Inc. (Nasdaq: IPCI) 17.7% HIGHER; announced that it has entered into a license and commercial supply agreement with Mallinckrodt LLC (NYSE: MNK), by which the Company has granted Mallinckrodt an exclusive license to market, sell and distribute in the United States the following extended release drug product candidates (the "licensed products") for which Intellipharmaceutics has abbreviated new drug applications ("ANDAs") filed with the U.S. Food and Drug Administration... More
BTIG Lifts PT on Barracuda Networks (CUDA) to $28; Still Sees Plenty of Near-Term Drivers
October 12, 2016 6:57 AM EDTBTIG 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
Piper Jaffray Upgrades Barracuda Networks (CUDA) to Overweight
October 12, 2016 6:34 AM EDTPiper Jaffray upgraded Barracuda Networks (NYSE: CUDA) from Neutral to Overweight with a price target of $32.00 (from $18.00).
For an analyst ratings summary and ratings history on Barracuda Networks click here. For more ratings news on Barracuda Networks click here.
Shares of Barracuda Networks closed at $23.33 yesterday.
... MoreAfter-Hours Stock Movers 10/11: (HTGM) (IPCI) (VOXX) Higher; (FTNT) (PFPT) (PANW) Lower (more...)
October 11, 2016 7:34 PM EDTToday's After-Hours Movers:
HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) 25.3% HIGHER; The company and Merck KGaA, Darmstadt, Germany, have entered a broad companion diagnostics master agreement. The initial development program agreement utilizes the HTG EdgeSeq DLBCL Cell of Origin Assay in the Merck KGaA, Darmstadt, Germany, M7583, selective and irreversible inhibitor of BurtonâÂÂs Tyrosine Kinase (BTK), program.
Intellipharmaceutics International Inc. (Nasdaq: IPCI)... More
Barracuda Networks (CUDA) Tops Q2 EPS by 8c
October 11, 2016 4:02 PM EDTBarracuda 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
Wall St. set to open lower ahead of Fed minutes
October 11, 2016 7:32 AM EDTBy Yashaswini Swamynathan
(Reuters) - Wall Street looked set to open lower on Wednesday as investors eyed the finer details of the Federal Reserve's September policy meeting.
While the Fed stood pat on interest rates during the meeting, three members voted for a hike. The minutes will reveal policymakers' views on the progress of the U.S. economy and its ability to absorb an increase this year.
Traders have currently set a 70 percent chance of a rate hike in December, the CME Group's FedWatch tool showed.
"We are going to have to... More
Trading Radar for 10/11: Alcoa (AA), Fastenal (FAST), Barracuda Networks (CUDA) Report
October 10, 2016 2:10 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
Alcoa (NYSE: AA) - consensus EPS $0.12
Bank of the Ozarks (Nasdaq: OZRK) - consensus EPS $0.06... More