BWS Financial Reiterates Buy on A10 Networks, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
BWS Financial analyst Hamed Khorsand has reiterated a 'Buy' rating on A10 Networks (NYSE:ATEN), but lowered the price target from $24 to $15.
October 05, 2023 | 4:04 pm
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A10 Networks' price target has been lowered from $24 to $15 by BWS Financial, though the 'Buy' rating is maintained.
The lowering of the price target by BWS Financial could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100