Rosenblatt raised the firm's price target on Extreme Networks to $39 from $29 and keeps a Buy rating on the shares. The company's fiscal 2027 estimates will likely continue to increase driven by order momentum for the Extreme Platform ONE that bundles AI agents, cloud management, security and services, the analyst tells investors in a research note. Rosenblatt also expects Extreme to gain market share versus Cisco and HP Enterprise, citing the company's "strong execution" on memory and component procurement and product pricing.
