What 8 Analyst Ratings Have To Say About Extreme Networks
Portfolio Pulse from Benzinga Insights
Extreme Networks (NASDAQ:EXTR) has received 8 bullish analyst ratings in the last quarter. The average 12-month price target for the company is $30.5, a decrease of 12.86% from the previous average of $35.00. Analysts typically rate each stock once per quarter, and their ratings are based on company financial statements, insider communications, and sector-specific knowledge.
November 08, 2023 | 12:00 pm
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Extreme Networks has received 8 bullish analyst ratings in the last quarter, with an average 12-month price target of $30.5, down 12.86% from the previous average.
The 8 bullish analyst ratings indicate a positive outlook for Extreme Networks. However, the decrease in the average 12-month price target suggests that analysts expect the stock price to decrease in the future. This could potentially impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100