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Radware (NASDAQ:RDWR) set a new 52-week high on Tuesday, American Banking & Market News reports. The company traded as high as $19.33 and last traded at $19.27, with a volume of 641,887 shares. The stock had previously closed at $18.97.

A number of research firms have recently commented on RDWR. Analysts at Maxim Group raised their price target on shares of Radware from $20.00 to $22.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Imperial Capital raised their price target on shares of Radware from $20.00 to $22.00 in a research note to investors on Tuesday. They now have an “outperform” rating on the stock. Finally, analysts at Wells Fargo & Co. upgraded shares of Radware from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday, December 11th. They now have a $22.00 price target on the stock, up previously from $20.00. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $21.51.

Radware has a 1-year low of $13.42 and a 1-year high of $19.33. The stock has a 50-day moving average of $17.22 and a 200-day moving average of $15.19. The company has a market cap of $861.7 million and a price-to-earnings ratio of 42.16.

Radware (NASDAQ:RDWR) last announced its earnings results on Thursday, October 24th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.16 by $0.01. The company had revenue of $48.00 million for the quarter, compared to the consensus estimate of $47.65 million. During the same quarter last year, the company posted $0.45 earnings per share. Radware’s revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that Radware will post $0.67 earnings per share for the current fiscal year.

Radware Ltd. (NASDAQ:RDWR) develops, manufactures and markets integrated networking solutions that allow its enterprise and carrier customers to deliver their mission critical applications between data centers and remote locations, over all critical points in the network.

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