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0 0.000829733054848315 0.000543618208348784 -0.00163085462504656 -0.00603702326113698 -0.00832594203313201 -0.00832594203313201 -0.00832594203313201
Stock impact report

Here's Why Analysts Are Bullish On Extreme Networks, Inc. (EXTR) [Yahoo! Finance]

Extreme Networks, Inc. (EXTR) 
Last extreme networks, inc. earnings: 1/29 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investor.extremenetworks.com
Company Research Source: Yahoo! Finance
a consensus ‘Buy,' with 88% of analysts covering the stock assigning it a ‘Buy' or equivalent rating. While the target price ranges from $21 to $26, the median price target of $24.50 suggests an upside potential of nearly 35%. As reported by TheFly, Tomer Zilberman, an analyst at BofA, initiated coverage of Extreme Networks, Inc. (NASDAQ:EXTR) with a ‘Buy' rating and a $24 price target on November 19. The firm bases this upside potential of about 34% on several growth catalysts, including campus network refresh and modernization projects, the WiFi-7 upgrade cycle, and rising adoption of cloud- and SaaS-based products. The analyst believes these drivers could push the company's performance above market expectations. Goran Bogicevic/Shutterstock.com The price target is based on 17 times the company's CY2027 forecasted EPS, which represents a discount relative to peers. BofA Securities attributes this to the narrower operating scale and stronger exposure to budget-sensitive market Show less Read more
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