A10 Networks price target raised to $30 from $28 at BWS Financial

BWS Financial raised the firm’s price target on A10 Networks (ATEN) to $30 from $28 and keeps a Buy rating on the shares. The company’s Q1 revenue rose 13% due to a large order from an existing customer, the analyst tells investors in a research note. The firm attributes the post-earnings selloff to A10 not raising its annual guidance. It cites the potential for it sales growth to top the outlook for the target bump.