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Fly News Breaks for July 29, 2015
RDWR
Jul 29, 2015 | 07:38 EDT
As noted earlier, RBC Capital downgraded Radware to Sector Perform from Outperform. As reasons for the downgrade, the firm cited the company's execution challenges in Asia, the need for the company to increase its spending to ramp its security offerings, and the firm's belief that U.S. service provider spending sales cycles may be lengthening. Target to $20 from $29.
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