A10 Networks Given “Outperform” Rating at Pacific Crest (ATEN)
A10 Networks (NASDAQ:ATEN)‘s stock had its “outperform” rating restated by Pacific Crest in a research note issued on Wednesday, TheFlyOnTheWall.com reports. They currently have a $18.00 price target on the stock. Pacific Crest’s price target points to a potential upside of 24.40% from the company’s current price. The analysts noted that the move was a valuation call.
Shares of A10 Networks (NASDAQ:ATEN) opened at 14.47 on Wednesday. A10 Networks has a 52 week low of $12.92 and a 52 week high of $16.50. The stock’s 50-day moving average is $14.46 and its 200-day moving average is $14.46. The company’s market cap is $854.2 million.
A number of other firms have also recently commented on ATEN. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of A10 Networks in a research note on Wednesday. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of A10 Networks in a research note on Wednesday. They now have a $19.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of A10 Networks in a research note on Wednesday. They now have a $16.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $18.25.
A10 Networks, Inc (NASDAQ:ATEN) is a provider of advanced application networking technologies.
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