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A statement released earlier today by Vetr Inc. about Barracuda Networks Inc (NYSE:CUDA) bumps the target price to $26.50

In a report announced on 9/19/2016 Vetr Inc. raised the target price of Barracuda Networks Inc (NYSE:CUDA) from $0 to $27 indicating a possible upside of 0.11%.

On 9/12/2016, Vetr Inc. released a statement for Barracuda Networks Inc(NYSE:CUDA) upped the target price from $0.00 to $26.50. At the time, this suggested an upside of 0.14%.

Yesterday Barracuda Networks Inc (NYSE:CUDA) traded 0.71% higher at $23.95. The company’s 50-day average is $22.55 and its 200-day moving average is $17.83. The last close is up 34.29% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. Trading volume was was up over the average, with 991,561 shares of CUDA changing hands over the typical 599,675 shares..

Recent Performance Chart:

Barracuda Networks Inc (NYSE:CUDA)

With a market capitalization of $0.0, Barracuda Networks Inc has a price-earnings of 599 with a 52 week low of $9.44 and a 52 week high of $29.98.

Also covering Barracuda Networks Inc’s price target, a total of 13 equity analysts have released a report on Barracuda Networks Inc. The one year target is $18.81 with three analysts rating the stock a strong buy, three analysts rating the stock a buy, eight firms rating the stock a hold, one firm rating the company to underperform, and lastly 0 brokeragesrating the company as sell.

Brief Synopsis About Barracuda Networks Inc (NYSE:CUDA)

Barracuda Networks, Inc. designs and delivers security and data protection solutions. The Company offers cloud-enabled solutions that enable customers to address security threats, manage network performance, and protect and store their data. Its solutions are designed to manage information technology operations for its customers. Its security solutions include Barracuda Email Security, The Barracuda Web Security Gateway, Barracuda NextGen Firewalls, The Barracuda Web Application Firewall, The Barracuda Load Balancer ADC and The Barracuda SSL VPN. Its data protection solutions provide solutions for on-premises and cloud-based archiving and backup. Its data protection solutions include Barracuda Backup, and Barracuda Message Archiver and CudaSign. Its solution suites combine its security and data protection offerings into services designed for cloud platforms and managed services environments. Its solution suites include Barracuda Essentials for Office 365 and Intronis ECHOplatform.

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