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Imperial Capital Cut Price Target on Barracuda Networks, Inc. (CUDA) Following F1Q16 Beat
July 10, 2015 11:55 AM EDTImperial Capital reiterates an Outperform rating on Barracuda Networks (NYSE: CUDA), and cut the price target to $47.00 (from $52.00), based on comparative valuation following F1Q16. CUDA reported F1Q16 revenue of $78.0mn, exceeding Street estimates of $77.2mn. Adjusted EPS of $0.09 beat Streets $0.08 estimate.... More
