Extreme Networks advance driven by IPOs, new products, says DA Davidson DA Davidson believes that Extreme Networks' stock has risen this week as a result of recent IPO activity in the Ethernet networking sector and Extreme's new product launches. The firm continues to believe that investors are undervaluing Extreme's strategic positioning, while the company has a number of other positive catalysts. The firm keeps a Buy rating on Extreme.
Extreme Networks downgraded to Neutral from Buy at DA Davidson DA Davidson downgraded Extreme Networks to Neutral following the Q3 negative pre-announcment. Note this is the third downgrade of the day.