10 AI News Updates Trending on Wall Street

4. Extreme Networks Inc. (NASDAQ:EXTR)

Number of Hedge Fund Holders: 29

Extreme Networks Inc. (NASDAQ:EXTR) designs and builds wired and wireless network infrastructure equipment and offers a host of networking software solutions for various industries. The company’s Extreme AI Expert GenAI solutions help clients optimize network performance, accurately detect security threats, lower operational overheads, simplify network management, and personalize end-user experiences to maintain resilient global networks. Furthermore, the company’s ExtremeCloud IQ CoPilot license ensures enhanced AIOps capability to streamline network activities and offers actionable insights to easily track and troubleshoot connectivity issues.

On January 30th, Lake Street analyst Eric Martinuzzi increased Extreme Networks Inc.’s (NASDAQ:EXTR) price target to $16 from $15 while maintaining a “Hold”. The brokerage hiked the target price after it was “pleased with the solid execution in 1H25” and the full-year guidance.