Analysts fell to the sidelines weighing in on Extreme Networks (EXTR – Research Report) and Veritone (VERI – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Extreme Networks (EXTR)
In a report released yesterday, Michael Genovese from Rosenblatt Securities downgraded Extreme Networks to Hold, with a price target of $15.00. The company’s shares closed last Wednesday at $13.51, close to its 52-week low of $13.10.
According to TipRanks.com, Genovese is a 4-star analyst with an average return of
Currently, the analyst consensus on Extreme Networks is a Moderate Buy with an average price target of $18.60, implying a 37.7% upside from current levels. In a report released yesterday, Lake Street also assigned a Hold rating to the stock with a $13.00 price target.
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Veritone (VERI)
Veritone received a Hold rating and a $1.85 price target from Roth MKM analyst Darren Aftahi today. The company’s shares closed last Wednesday at $1.65, close to its 52-week low of $1.48.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Veritone with a $1.93 average price target.
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