Extreme Networks is a technology company that specializes in network solutions, providing a comprehensive range of products and services focused on networking hardware, management software, and analytics. The company delivers advanced networking solutions to enhance connectivity, reliability, and performance for businesses and organizations across various industries. With a strong emphasis on innovation, Extreme Networks enables customers to build and manage high-performance, secure, and scalable networks that support the increasing demands of digital transformation and emerging technologies. Their offerings include wired and wireless networking equipment, cloud management platforms, and services designed to optimize network operations and improve user experiences.
Cisco's shares rise ahead of Q1 earnings release. JPMorgan analyst upgrades rating and price target, citing recovery in Networking market and refocus on Security.
Weak global economic conditions, soft demand from telco and cable customers, and volatile supply chain dynamics continue to be concerns for the networking industry. Despite this, here are some stocks in the space to keep an eye on.
U.S. stocks were higher, with the Dow Jones index gaining over 100 points on Monday. Shares of M&T Bank Corporation (NYSE: MTB) rose sharply during Monday’s session after the company reported first-quarter financial results.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Shares of Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) fell sharply during Monday’s session after the company revealed new data from the Phase 1/2 study of GTX-102 for Angelman syndrome, a genetic disorder causing developmental disabilities and nerve-related symptoms.