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Fly News Breaks for July 29, 2015
RDWR
Jul 29, 2015 | 08:42 EDT
After Radware reported weaker than expected results and provided weaker than expected Q3 guidance, Wells Fargo says that the Q3 guidance could be conservative. The firm thinks the company's recently signed deal with Cisco (CSCO) could enable it to beat 2016 estimates. As a result, Wells thinks the stock will probably reach an attractive entry point in the wake of the results. It keeps an Outperform rating.
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