As previously reported, BofA initiated coverage of Extreme Networks (EXTR) with a Buy rating and $24 price target Catalysts for the provider of cloud-driven Campus networking solutions include a WiFi-7 upgrade cycle, Campus refresh/modernization initiatives, and growing adoption of cloud and SaaS-based offerings, driving the firm’s estimates “moderately” above the Street, the analyst tells investors.
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Read More on EXTR:
- Extreme Networks initiated with a Buy at BofA
- Extreme Networks Holds Annual Stockholders Meeting
- Extreme Networks: Strategic Growth Potential and Strong Buy Rating Backed by Platform One and Subscription Revenue Initiatives
- Extreme Networks expects about 10% per year revenue growth long-term
- Extreme Networks sees FY26 adjusted EPS 99c-$1.02, consensus 99c