Alert: Major Price Advance (3/11/24)-Radware Ltd (NASDAQ: RDWR).

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Radware Ltd (NASDAQ: RDWR) stock enjoyed a major increase of 10.0% on 3/11/24. The shares closed at $20.21. Moreover, trading volume in this advance was exceptionally high at 482% of normal. The stock has performed in line with the market over the last nine months and has risen 12.8% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, RDWR is expected to continue to be an important Value Builder.

Radware has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Radware has a slightly negative Power Rating of 35 and a very low Appreciation Score of 13, producing 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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