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Stock Market & Financial Investment News

News Breaks
July 24, 2014
10:56 EDTFTNT, CUDABarracuda Networks pullback may be due to misinterpretation, says JPMorgan
JPMorgan says the sell-off in shares of Barracuda Networks (CUDA) could be due to investors misinterpreting comments from Fortinet (FTNT). The firm believes Fortinet's comments regarding focusing on the midmarket may be getting viewed as increased competition against Barracuda. JPMorgan, however, thinks both Fortinet and Barracuda are benefiting from legacy providers focusing less on the midmarket. The firm keeps an Overweight rating on Barracuda with a $39 price target.
News For CUDA;FTNT From The Last 14 Days
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November 26, 2014
11:08 EDTCUDA, FTNTSony Pictures hack highlights need for more IT security spending, analyst says
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November 25, 2014
13:49 EDTCUDAPalo Alto rallies after results beat expectations
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November 24, 2014
07:18 EDTCUDABarracuda Networks growth accelerating, says Pacific Crest
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November 20, 2014
11:05 EDTFTNTStephens hosts a conference call with Fortinet
Conference call with CEO Xie and CFO Del Matto is being held on November 21 at 2 pm.
07:19 EDTFTNTUBS to hold a conference
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November 17, 2014
06:48 EDTCUDA, FTNTState Department hacked, NY Times reports
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