Oppenheimer Initiates Coverage On Extreme Networks with Outperform Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Timothy Horan has initiated coverage on Extreme Networks (NASDAQ:EXTR) with an Outperform rating and a price target of $35.
June 28, 2023 | 9:29 am
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Oppenheimer has initiated coverage on Extreme Networks with an Outperform rating and a price target of $35, which could positively impact the stock.
The Outperform rating from Oppenheimer indicates that the analyst expects Extreme Networks to do better than the market average. This positive outlook, coupled with a price target of $35, suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and a potential rise in the stock price in the short term.
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