Media headlines about Extreme Networks (NASDAQ:EXTR) have trended positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Extreme Networks earned a news sentiment score of 0.30 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.8643679797928 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s rankings:
- Head to Head Review: Extreme Networks (EXTR) vs. Its Competitors (americanbankingnews.com)
- Global Data Centre Networking Market to achieve a CAGR of 11% by Market Research Analysis, Data Management and Global Forecast 2018-2022 (openpr.com)
- Extreme Networks Launches Extreme Capital Solutions to Bring Flexible Financing Options to Customers and Partners (finance.yahoo.com)
- New ULI Report Offers Bold Principles for Building Resilience Cities and Regions (urbanland.uli.org)
- DAVID ROSENBERG: 5 indicators suggest we’re at the top of this stock market cycle (businessinsider.com)
Shares of NASDAQ:EXTR traded down $0.49 during midday trading on Monday, reaching $10.58. 1,401,951 shares of the company traded hands, compared to its average volume of 2,568,924. Extreme Networks has a 12 month low of $6.83 and a 12 month high of $15.55. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.89 and a current ratio of 1.13. The firm has a market cap of $1,276.01, a price-to-earnings ratio of 31.12, a PEG ratio of 1.25 and a beta of 1.60.
A number of equities research analysts have weighed in on EXTR shares. Needham & Company LLC lifted their target price on Extreme Networks from $14.85 to $15.50 and gave the stock a “buy” rating in a report on Wednesday, February 7th. DA Davidson raised their price objective on Extreme Networks from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Cowen reaffirmed a “buy” rating and set a $18.00 target price on shares of Extreme Networks in a research report on Wednesday, February 7th. BidaskClub cut Extreme Networks from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 16th. Finally, Zacks Investment Research upgraded Extreme Networks from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Thursday, March 15th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $16.25.
About Extreme Networks
Extreme Networks, Inc provides software-driven networking solutions for enterprise customers worldwide. The company designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls.
Receive News & Ratings for Extreme Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extreme Networks and related companies with MarketBeat.com's FREE daily email newsletter.