Barclays Maintains Overweight on Radware, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tavy Rosner maintains an Overweight rating on Radware (NASDAQ:RDWR) but lowers the price target from $23 to $19.

August 04, 2023 | 12:56 pm
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Barclays maintains an Overweight rating on Radware but lowers the price target from $23 to $19.
While the Overweight rating indicates that Barclays still sees Radware as a good investment, the lowering of the price target could potentially lead to a short-term decrease in the stock price. However, the impact is likely to be neutral in the short term as the Overweight rating might offset the negative sentiment from the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100