B. Riley Securities Upgrades Extreme Networks to Buy, Maintains $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Dave Kang upgraded Extreme Networks (NASDAQ:EXTR) from Neutral to Buy, maintaining a $14 price target. This upgrade reflects a positive outlook on the company's future performance.

April 15, 2024 | 9:45 am
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Extreme Networks was upgraded from Neutral to Buy by B. Riley Securities, with a maintained price target of $14, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by a significant analyst like Dave Kang at B. Riley Securities suggests a strong confidence in the future performance of Extreme Networks. This is likely to influence investor sentiment positively, potentially driving up the stock price in the short term. The maintained price target of $14 further reinforces the belief that the stock has room to grow, making it an attractive investment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100