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Fly News Breaks for April 18, 2017
CUDA
Apr 18, 2017 | 12:46 EDT
As previously reported, Imperial Capital analyst Michael Kim upgraded Barracuda Networks to In-Line from Underperform after the company's Q4 earnings topped his estimates and the consensus view. Though the pullback in the stock prompts him to raise his rating, Kim lowered his price target on Barracuda shares to $20 from $21 as he expects greater headwinds from the company's legacy on-premise business.
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