Barracuda Networks, Inc. designs and delivers security and data protection solutions. The company offers cloud-enabled solutions that enable customers address security threats, improve network performance, and protect and store their data. It provides various security solutions, including Barracuda Email Security, an email security service with spam and virus blocking, anti-phishing, fraud detection, advanced threat detection, denial-of-service prevention, email continuity, and encryption and policy management; and Barracuda Web Security Gateway, a solution to protect users from Web-based threats. The company's security solutions also comprise Barracuda NextGen Firewalls to secure the network and optimize traffic flows; Barracuda Web Application Firewall to protect Web applications and websites from data breaches and downtime; and Barracuda Load Balancer ADC to optimize application performance, availability, and security, as well as various remote access solutions. In addition, it offers data protection solutions, such as Barracuda Backup, a backup solution; Barracuda Message Archiver, a data archival solution; and CudaSign, an eSignature platform. The company sells its appliances, services, and software products to education, government, financial services, healthcare, professional services, telecommunications, retail, and manufacturing industries through its sales personnel, distribution partners, and value added resellers in approximately 100 countries. Barracuda Networks, Inc. was founded in 2003 and is headquartered in Campbell, California.
CUDA reporting Tuesday pre-market Here's are the consensus estimates: CUDA is up nearly +30% since last reporting ER on 7/7/16
Analyst Upgrade/Downgrade Update Brokerage firm: Robert W. Baird Change: Coverage Initiated Previous Rating: N/A Current Rating: Outperform Previous Price Target: N/A Current Price Target: $29
JP Morgan and GS will most likely upgrade. They asked good questions and sounded happy with the results at the CC.