Solid Earnings Report Nets Barracuda A Strong Buy From Vetr

Loading...
Loading...

On Wednesday, the Vetr crowd upgraded their rating for Barracuda Networks Inc CUDA from its 4 stars (Buy), issued five days ago, to 5 stars (Strong Buy). Crowd sentiment for the stock is primarily positive, with 75 percent of Vetr user ratings bullish.

Shares in the cloud and data security company jumped in the second week of January after a promising Q3 earnings report that topped most analyst EPS and revenue estimates. The stock reached a high of $25.43 on January 11, but has since retreated back to where it was trading prior to the report around the $23 level.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average target price for the stock is up at $27.32, which is above the average analyst target price of $25.13. Less than 2 percent of Vetr users are holding CUDA in their watch lists.

Posted In: UpgradesCrowdsourcingAnalyst RatingsVetr
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...