Summit Research Initiates Barracuda Networks At Buy

Analysts at Summit Research initiated coverage on Barracuda Networks Inc CUDA with a Buy rating. The target price for Barracuda Networks is set to $50. Barracuda Networks shares have jumped 40.82 percent over the past 52 weeks, while the S&P 500 index has gained 7.51 percent in the same period. Barracuda Networks shares closed at $42.74 on Friday.