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A10 Networks (NASDAQ:ATEN)‘s stock had its “outperform” rating reaffirmed by equities researchers at Pacific Crest in a research report issued on Thursday. They currently have a $14.00 target price on the stock, down from their previous target price of $18.00. Pacific Crest’s target price indicates a potential upside of 22.16% from the stock’s previous close.

ATEN has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of A10 Networks in a research note on Thursday. They now have a $16.00 price target on the stock, down previously from $19.00. Separately, analysts at Buckingham Research initiated coverage on shares of A10 Networks in a research note on Wednesday, July 16th. They set a “neutral” rating on the stock. Finally, analysts at Dougherty & Co initiated coverage on shares of A10 Networks in a research note on Thursday, July 10th. They set a “neutral” rating on the stock. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $16.69.

A10 Networks (NASDAQ:ATEN) traded up 6.11% during mid-day trading on Thursday, hitting $11.46. 441,914 shares of the company’s stock traded hands. A10 Networks has a 1-year low of $9.26 and a 1-year high of $16.50. The stock’s 50-day moving average is $12.69 and its 200-day moving average is $12.77. The company’s market cap is $676.5 million.

A10 Networks (NASDAQ:ATEN) last posted its quarterly earnings results on Wednesday, July 30th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.01. The company had revenue of $45.10 million for the quarter, compared to the consensus estimate of $47.40 million. The company’s revenue for the quarter was up 49.8% on a year-over-year basis. Analysts expect that A10 Networks will post $-0.31 EPS for the current fiscal year.

A10 Networks, Inc (NASDAQ:ATEN) is a provider of advanced application networking technologies.

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