Extreme Networks price target raised to $22.50 from $17 at Craig-Hallum
The Fly

Extreme Networks price target raised to $22.50 from $17 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Extreme Networks (EXTR) to $22.50 from $17 and keeps a Buy rating on the shares. The firm notes Extreme reported solid results as the company is seeing a gradual improvement in customer demand, as expected, following significant supply chain disruptions driven by COVID-related order levels and the corresponding digestion period. With an outlook for continued improvement from here, Craig-Hallum believes the company is well positioned.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App