Alert: Major Price Advance (5/8/24)-Radware Ltd (NASDAQ: RDWR).

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On 5/8/24, Radware Ltd (NASDAQ: RDWR) stock enjoyed a major increase of 11.3%, closing at $19.16. Moreover, unusually high trading volume at 195% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 15.9% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, RDWR is expected to continue to be a Value Builder.

Radware has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Radware has a neutral Power Rating of 43 but a poor Appreciation Score of 16, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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