Barracuda Reports Second Quarter Fiscal 2017 Results
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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
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
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
October 12, 2016 6:34 AM EDT
Piper 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.
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