News articles about Barracuda Networks (NYSE:CUDA) have trended somewhat positive on Sunday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Barracuda Networks earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news stories about the communications equipment provider an impact score of 45.5082482342898 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Barracuda Introduces New Cloud-Delivered Web Application Firewall (itbusinessnet.com)
- New Barracuda WAF-as-a-Service provides cloud-delivered web application firewall (wwpi.com)
- Barracuda CEO tells partners: ‘You should expect us to acquire’ (channelweb.co.uk)
- Barracuda Launches Web Application Firewall as a Service (eweek.com)
- Select a data backup appliance with robust functionality (searchdatabackup.techtarget.com)
Separately, Zacks Investment Research lowered Barracuda Networks from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. Barracuda Networks has an average rating of “Hold” and an average target price of $28.76.
CUDA stock opened at $27.54 on Friday. Barracuda Networks has a 52 week low of $19.06 and a 52 week high of $27.95.
Barracuda Networks Company Profile
Barracuda Networks, Inc designs and delivers security and data protection solutions. The Company offers cloud-enabled solutions that enable customers to address security threats, manage network performance, and protect and store their data. Its solutions are designed to manage information technology operations for its customers.
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