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Why Did Extreme Networks Inc (EXTR) Stock Soar 3.60%?

Mover TrackerTuesday, Apr 29, 2025 8:12 am ET
1min read

On April 29, 2025, Extreme Networks' stock price rose by 0.27% in pre-market trading, indicating a positive start to the day's trading session.

Extreme Networks Inc (EXTR) experienced a significant surge in its stock price on April 28, 2025, with shares rising by 3.60% during mid-day trading. This increase brought the stock to an intraday high of $12.96 before closing at $12.94, marking a notable improvement from its previous close of $12.49. The stock's performance places it 32.74% below its 52-week high of $19.24 and 28.12% above its 52-week low of $10.10.

Analysts have provided varied price targets for extreme networks Inc, with an average target price of $19.83. This target suggests a potential upside of 53.27% from the current stock price of $12.94. The highest estimate among analysts is $22.50, while the lowest is $16.00. Additionally, the consensus recommendation from brokerage firms indicates an "Outperform" status for the stock, with an average rating of 2.4 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.

Ask Aime: What factors led to Extreme Networks' stock surge?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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