UPDATE: Oppenheimer Lowers PT on Radware Ltd. on Disappointing March Results

In a report published Friday, Oppenheimer analyst Ittai Kidron reiterated an Outperform rating on Radware Ltd. (NASDAQ: RDWR ), but lowered the price target from $43.00 to $35.00. In the report, Kidron noted, “Despite our positive checks on the March quarter, Radware disappointed and preannounced results with a substantial ~9%