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Fly News Breaks for November 11, 2016
RDWR
Nov 11, 2016 | 07:19 EDT
As previously reported, Oppenheimer analyst Ittai Kidron upgraded Radware to Outperform from Perform, with a $16 price target, as he believes the company is well into its transition period to a subscription-based model, and sees current valuation as attractive. While the analyst says it could take a few quarters to see upside and execution will be key, he thinks the risk/reward balance seems favorable.
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