Barclays Reaffirms Their Buy Rating on Radware (RDWR)

Barclays analyst Tavy Rosner maintained a Buy rating on Radware (RDWR – Research Report) today and set a price target of $22.00. The company’s shares closed yesterday at $19.16.

Rosner covers the Technology sector, focusing on stocks such as Ceva, Ituran Location And Control, and Magic. According to TipRanks, Rosner has an average return of 7.9% and a 50.00% success rate on recommended stocks.

The analyst consensus on Radware is currently a Hold rating.

The company has a one-year high of $20.94 and a one-year low of $13.53. Currently, Radware has an average volume of 280.1K.

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Radware (RDWR) Company Description:

Radware Ltd. engages in the provision of application delivery and cyber security solutions for virtual, cloud, and software defined data centers. Its products include application and network security, and application delivery. The application and network security offers real-time network and application attack mitigation solution that protects the application infrastructure against network and application downtime, application vulnerability exploitation, malware spread, information theft, web service attacks, and web defacement. The application delivery is designed to simplify operations while ensuring business applications resilience and application service level agreement. The company was founded by Yehuda Zisapel and Roy Zisapel on May 16, 1996 and is headquartered in Tel Aviv, Israel.