Rosenblatt Raises Extreme Networks (EXTR) Price Target, Maintains Buy Rating

Extreme Networks, Inc. (NASDAQ:EXTR) is one of 12 best cybersecurity stocks to buy now.

Rosenblatt Securities has raised its price target on Extreme Networks to $20 from the previous $18, while reiterating a Buy rating on the stock. The move reflects growing confidence in the company’s strategic direction and its execution across key networking segments. Extreme Networks, Inc. (NASDAQ:EXTR), a leading provider of cloud-driven networking solutions that includes embedded security features within its platforms, has been steadily gaining traction in both enterprise and service provider markets. Rosenblatt’s updated target suggests a belief that the company’s growth trajectory remains intact, supported by strong product demand and expanding customer adoption of its subscription-based offerings. Analysts at the firm noted that the ongoing transition to cloud-managed networking and the increasing need for secure, scalable connectivity are working in Extreme Networks’ favor.

Rosenblatt Raises Extreme Networks (EXTR) Price Target, Maintains Buy Rating

Recent quarterly results showed resilience in a challenging macroeconomic environment, with the company demonstrating consistent revenue performance and improving operating margins. Extreme’s focus on high-margin software and cloud subscriptions appears to be gaining momentum, adding greater visibility to future earnings. Rosenblatt’s upward revision of the target price indicates expectations for continued outperformance relative to peers in the networking sector. With a refreshed product portfolio, the firm sees Extreme Networks, Inc. (NASDAQ:EXTR) well-positioned to capitalize on broader IT infrastructure modernization trends.

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