From Earlier: Oppenheimer Raises Radware PT To $42, Maintains Outperform

Oppenheimer raised its Radware RDWR price target from $40 to $42 and maintained its Outperform rating in a research report published today. In the report, Oppenheimer stated, "The company continues to execute well and appears to be on its way to expanding its TAM through its growing security business and OEM relationships (both Juniper and IBM). Looking ahead, we see the potential for the expansion of existing relationships as well as new ones to form." Shares of Radware closed today at $38.42, down 0.16% from Monday's market close.