Information Provided By:
Fly News Breaks for November 27, 2017
CUDA, CARB
Nov 27, 2017 | 14:19 EDT
After Barracuda Networks (CUDA) announced a deal to be acquired by Thoma Bravo for $27.55 per share in cash, JMP Securities analyst Erik Suppiger reiterated his Outperform rating on Carbonite (CARB), saying that the deal validates the attraction of the small and midsize business data protection and security market. He also noted that Carbonite trades at a 33% discount to the deal price agreed to for Barracuda on a revenue multiple basis and a 34% discount on an earnings multiple basis based on 2018 estimates.
News For CARB;CUDA From the Last 2 Days
There are no results for your query CARB;CUDA