In a report released today, Alex Henderson from Needham assigned a Hold rating to Extreme Networks (EXTR). The company’s shares closed last Wednesday at $9.36.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of 29.0% and a 65.3% success rate. Henderson covers the Technology sector, focusing on stocks such as Acacia Communications, CrowdStrike Holdings, and CyberArk Software.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Extreme Networks with a $11.50 average price target.
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The company has a one-year high of $11.12 and a one-year low of $1.43. Currently, Extreme Networks has an average volume of 1.24M.
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Extreme Networks, Inc. engages in providing software driven networking solutions for enterprise, data center, and service provider customers. It designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls. Its products include ExtremeApplications, ExtremeSwicthing, ExtremeRouting and ExtremeMobiliy. The company was founded in May 1996 and is headquartered in San Jose, CA.
