CUDA Crosses Above Average Analyst Target
January 12, 2018 at 09:36 AM EST
In recent trading, shares of Barracuda Networks Inc (CUDA) have crossed above the average analyst 12-month target price of $27.46, changing hands for $27.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..