Radware (NASDAQ: RDWR)'s stock had its "positive" rating
reiterated by investment analysts at Barclays Capital in a note
issued to investors this week.
Shares of Radware traded up 1.31% during mid-day
trading on Wednesday, hitting $33.20. Radware has a 52 week low
of $18.98 and a 52 week high of $40.83. The company has a market
cap of $725.7 million and a P/E ratio of 28.70.
Radware last announced its earnings results on Thursday, July
26th. The company reported $0.43 earnings per share (EPS) for the
quarter, meeting the consensus estimate of $0.43. The company's
quarterly revenue was up 13.7% on a year-over-year basis. Analysts
expect that Radware will post $1.74 EPS for the current fiscal
RDWR has been the subject of a number of other recent research
reports. Analysts at Maxim Group cut their price target on shares
of Radware from $44.00 to $37.00 in a research note to investors on
Friday, July 27th. They now have a "buy" rating on the stock.
Separately, analysts at Wunderlich cut their price target on shares
of Radware from $42.00 to $38.00 in a research note to investors on
Wednesday, July 25th. They now have an "outperform" rating on the
stock. Finally, analysts at Wedbush reiterated an "outperform"
rating on shares of Radware in a research note to investors on
Wednesday, July 25th.
Radware develops, manufactures and markets integrated networking
solutions that allow its enterprise and carrier customers to
deliver their mission critical applications between data centers
and remote locations, over all critical points in the network.