Rosenblatt analyst Mike Genovese raised the firm’s price target on Extreme Networks (EXTR) to $29 from $25 and keeps a Buy rating on the shares after the company reported “good” Q3 results and gave Q4 revenue guidance that was better than the firm’s $329M forecast.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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