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Fly News Breaks for July 18, 2018
RDWR
Jul 18, 2018 | 08:04 EDT
Jefferies analyst George Notter raised his price target for Radware to $34.50 from $28 saying the company remains his favorite small-cap idea. Radware is a low-double digit top line grower that is generating operating leverage and seeing over 60% of sales coming from Recurring Revenue sources, Notter tells investors in a research note. He believes investors are still underappreciating the strength of the company's DDoS/security mitigation solutions. Notter reiterates a Buy rating on Radware shares.
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