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Sidoti Keeps Their Hold Rating on A10 Networks (ATEN)

Tipranks - Tipranks - Thu Apr 30, 9:00AM CDT

In a report released today, Anja Soderstrom from Sidoti maintained a Hold rating on A10 Networks, with a price target of $29.00.

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According to TipRanks, Soderstrom is a 4-star analyst with an average return of 11.9% and a 59.09% success rate. Soderstrom covers the Technology sector, focusing on stocks such as A10 Networks, Par Technology, and Daktronics.

In addition to Sidoti, A10 Networks also received a Hold from Mizuho Securities’s Gregg Moskowitz in a report issued on April 14. However, today, Craig-Hallum reiterated a Buy rating on A10 Networks (NYSE: ATEN).

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Based on A10 Networks’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $80.36 million and a net profit of $9.87 million. In comparison, last year the company earned a revenue of $74.2 million and had a net profit of $18.3 million

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