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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:04 EDTCUDABarracuda Networks likely to deliver beat and raise results, says Pacific Crest
Pacific Crest expects Barracuda's Q1 results to be boosted by a ramping recurring revenue business, a larger portfolio and increased go-to-market capabilities. The firm thinks the company has "a ramping margin profile" and strong fundamentals. It keeps a $40 price target and Outperform rating on the shares.
News For CUDA From The Last 14 Days
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March 20, 2015
15:40 EDTCUDAMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
March 13, 2015
09:12 EDTCUDAVista exploring sale of cybersecurity company Websense, Bloomberg says
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