SecureWorks Corp. (NASDAQ:SCWX) shares were down 1.2% during trading on Monday . The company traded as low as $14.97 and last traded at $15.18, with a volume of 61,631 shares changing hands. The stock had previously closed at $15.36.

A number of research analysts recently commented on SCWX shares. Bank of America Corp. started coverage on shares of SecureWorks Corp. in a report on Tuesday, May 17th. They issued a “buy” rating and a $17.00 price target for the company. Citigroup Inc. started coverage on shares of SecureWorks Corp. in a report on Tuesday, May 17th. They issued a “neutral” rating and a $14.00 price target for the company. William Blair started coverage on shares of SecureWorks Corp. in a report on Tuesday, May 17th. They issued an “outperform” rating for the company. Credit Suisse Group AG started coverage on shares of SecureWorks Corp. in a report on Tuesday, May 17th. They issued a “neutral” rating and a $14.50 price target for the company. Finally, Morgan Stanley started coverage on shares of SecureWorks Corp. in a report on Tuesday, May 17th. They issued an “overweight” rating and a $18.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $16.73.

The company has a 50-day moving average price of $14.01 and a 200 day moving average price of $13.75. The company’s market cap is $1.22 billion.

SecureWorks Corp. (NASDAQ:SCWX) last released its earnings results on Wednesday, June 1st. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.06. The company had revenue of $99.79 million for the quarter, compared to analysts’ expectations of $94.81 million. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.12) EPS. On average, equities research analysts anticipate that SecureWorks Corp. will post ($0.32) EPS for the current year.

Secureworks Corp. is a provider of intelligence-driven information security solutions focused on protecting its clients from cyber-attacks. The Company’s solutions enable organizations to fortify their cyber defenses to prevent security breaches; detect malicious activity in real time; prioritize and respond rapidly to security breaches, and predict emerging threats.

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