Zacks Investment Research upgraded Radware Ltd. (NASDAQ:RDWR) to Hold in a report released today.
- Updated: September 21, 2016
Zacks Investment Research has upgraded Radware Ltd. (NASDAQ:RDWR) to Hold in a report released on 9/22/2016.
Yesterday Radware Ltd. (NASDAQ:RDWR) traded 0.58% higher at $13.77. The company’s 50-day moving average is $13.40 and its 200-day moving average is $11.99. The last closing price is up 14.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 233,964 shares of the stock were exchanged, up from an average trading volume of 139,991
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Radware Ltd. has a 52 week low of $9.98 and a 52 week high of $17.54 with a P/E ratio of 724.74 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 5 brokers have issued a report on the stock. The consensus target price is $14.00 with one brokerage rating the company a strong buy, three brokerages rating the company a buy, four brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Radware Ltd. (NASDAQ:RDWR)
Radware Ltd. is a provider of cyber security and application delivery solutions. The Company's solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications. The Company's products and activities are focused on protecting against cyber-attacks and ensuring optimal application service level for enterprises' and carriers' data centers. Its solutions include application and network security, and application delivery. Its application and network Security products include DefensePro Attack Mitigation Device, AppWall Web Application Firewall, DefenseFlow Cyber Command and Control application, and DefensePipe Cloud Scrubbing Service. Its application delivery products include Alteon NG, LinkProof NG and FastView. Its management solutions include APSolute Vision, application performance monitoring and vDirect.
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