Lake Street raised the firm’s price target on Extreme Networks (EXTR) to $25 from $24 and keeps a Buy rating on the shares. The firm, which notes that Extreme implemented price increases in both November and March, bumped up estimates for this year and next and has “increased confidence in the company’s ability to continue to outperform.”
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Read More on EXTR:
- Extreme Networks Price Target Raised to $26 on Strong Earnings Beat, Software Momentum, and EMEA Outperformance
- Extreme Networks reports Q3 EPS 26c, consensus 24c
- Extreme Networks sees Q4 EPS 28c-30c, consensus 28c
- EXTR Earnings this Week: How Will it Perform?
- Extreme Networks reports ‘strong customer momentum’ for Extreme Platform ONE