Needham Maintains Buy on Extreme Networks, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson maintains a Buy rating on Extreme Networks (NASDAQ:EXTR) but has lowered the price target from $35 to $23.
November 02, 2023 | 7:56 am
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Needham analyst has maintained a Buy rating on Extreme Networks but lowered the price target from $35 to $23.
The news is directly related to Extreme Networks. The maintained Buy rating indicates a positive outlook for the company, however, the lowered price target may indicate a slower growth expectation. This could have a neutral impact on the stock in the short term.
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