Zacks Rating on Extreme Networks (EXTR)

Extreme Networks (EXTR) : 2 brokerage houses believe that Extreme Networks (EXTR) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Extreme Networks (EXTR). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 6 Wall Street Analysts endorse the stock as a Buy with a rating of 2.17.

Extreme Networks (EXTR) : Average target price received by Extreme Networks (EXTR) is $4.56 with an expected standard deviation of $0.67. The most aggressive target on the stock is $6, whereas the most downbeat target is $4. 5 financial analysts are currently covering the stock.


Extreme Networks Inc. has dropped 1% in the last five trading days, however, the shares have posted positive gains of 1.8% in the last 4 weeks. Extreme Networks Inc. is up 5.88% in the last 3-month period. Year-to-Date the stock performance stands at -2.94%. Extreme Networks (NASDAQ:EXTR): stock turned positive on Tuesday. Though the stock opened at $3.93, the bulls momentum made the stock top out at $4 level for the day. The stock recorded a low of $3.92 and closed the trading day at $3.96, in the green by 1.54%. The total traded volume for the day was 629,680. The stock had closed at $3.9 in the previous days trading.

Extreme Networks, Inc., together with its subsidiaries, is a provider of wired and wireless network infrastructure equipment, software and services for enterprises, data centers and service providers. The Company sells its products through an ecosystem of the Company channel partners who combine its Ethernet products with their offerings to create information technology solutions for end user customers. Its product categories include modular Ethernet switching systems, stackable Ethernet switching systems, high-density wireless fidelity (WiFi), centralized management software, network access control (NAC) and bring your own device (BYOD) management, application analytics and software-defined networking (SDN). The Companys customers include businesses, hospitals, hotels, universities, sports venues, telecommunications companies and government agencies around the world.

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