SecureWorks Reports Third Quarter Fiscal 2017 Results; Raises Full Year Revenue and EPS Guidance

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Go back to SecureWorks Reports Third Quarter Fiscal 2017 Results; Raises Full Year Revenue and EPS Guidance

UBS Cuts Price Target on SecureWorks Corp. (SCWX) to $13

December 8, 2016 10:33 AM EST

UBS maintained a Neutral rating on SecureWorks Corp. (NASDAQ: SCWX), and cut the price target to $13.00 (from $15.00), following the company's 3Q earnings report.

Analyst Fatima Boolani commented, "The combination of SCWX's 5th consecutive Q of MRR growth deceleration (+9% y/y from +32%), revenue... More