Rosenblatt Reiterates Rating on Extreme Networks, Inc. $EXTR
Key Points
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Rosenblatt reiterated its rating on Extreme Networks, Inc. ($EXTR) to a "buy" rating in a recent research note and set a price target of $39, a 23.26% upside from the current price.
Extreme Networks, Inc. Stock Up 40.1%
Shares of Extreme Networks, Inc. ($EXTR) traded around $31.64 on Saturday, up 40.1% for the day.
Extreme Networks, Inc. Earnings
Analysts Set New Price Targets
About Extreme Networks, Inc.
Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers ExtremeCloud IQ, a machine learning/AI powered, wired and wireless cloud network management solution that offers visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine which extends cloud management to non-cloud native and multi-vendor devices; ExtremeCloud IQ Essentials provides wireless intrusion prevention system, location services, and guest management services; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offered as an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support. The company also provides indoor and outdoor Wi-Fi 7 and prior generation Aps; WIPS solutions; switch products; Cloud Native Platforms and Applications for Service Providers; and ExtremeCloud Universal ZTNA. In addition, the company offers customer and support services, such as support services for end-users, resellers, and distributors; and premier, professional, and education services. It sells its products through original equipment manufacturers, strategic relationships, distributors, resellers, and field sales. The company serves mid-market and enterprise customers, and services providers. Extreme Networks, Inc., was incorporated in 1996 and is headquartered in Morrisville, North Carolina.
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