Analysts’ Opinions Are Mixed on These Technology Stocks: Barracuda Networks (NYSE: CUDA) and Yahoo! (NASDAQ: YHOO)

By Austin Angelo

Analysts have been eager to weigh in on the Technology sector with new ratings on Barracuda Networks (NYSE: CUDA) and Yahoo! (NASDAQ: YHOO).

Barracuda Networks (NYSE: CUDA)

In a report released yesterday, Marshall Senk from Rosenblatt Securities reiterated a Buy rating on Barracuda Networks (NYSE: CUDA), with a price target of $30. The company’s shares closed yesterday at $19.71.

According to TipRanks.com, Senk is a 3-star analyst with an average return of 2.3% and a 64.3% success rate. Senk covers the Technology sector, focusing on stocks such as Palo Alto Networks, Salesforce.com, and Oracle Corp.

Currently, the analyst consensus on Barracuda Networks is Moderate Buy and the average price target is $28, representing a 42.1% upside.

In a report released yesterday, Robert W. Baird also reiterated a Buy rating on the stock.
Yahoo! (NASDAQ: YHOO)

Pivotal Research analyst Brian Wieser reiterated a Hold rating on Yahoo! (NASDAQ: YHOO) today and set a price target of $46. The company’s shares closed yesterday at $47.56.

Wieser noted:

“We continue to rate Yahoo Hold, and maintain our $46 price target.”

According to TipRanks.com, Wieser is a 5-star analyst with an average return of 12.0% and a 77.0% success rate. Wieser covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Publicis Groupe SA, and 21st Century Fox.

Currently, the analyst consensus on Yahoo! is Moderate Buy and the average price target is $48.44, representing a 1.9% upside.

In a report issued on April 17, BMO Capital also reiterated a Hold rating on the stock with a $47 price target.

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