Extreme Networks (NASDAQ:EXTR) has received mixed analyst ratings over the past three months, with a recent shift towards a more cautious outlook. The average 12-month price target has been lowered to $19.12 from $22.50, reflecting a 15.02% decrease. Analysts from Needham and UBS have adjusted their ratings and price targets, indicating a varied perception of the company's future performance. Despite this, Extreme Networks has shown strong financial performance, with significant revenue growth, high net margin, and robust ROE and ROA, although its debt-to-equity ratio suggests potential financial challenges.