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Wall Street Analysts Are Neutral on Top Technology Picks

Tipranks - Fri May 1, 7:56AM CDT

Analysts fell to the sidelines weighing in on Viavi Solutions (VIAV) and Extreme Networks (EXTR) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Viavi Solutions (VIAV)

In a report released today, Andrew Spinola from UBS assigned a Hold rating to Viavi Solutions, with a price target of $60.00. The company’s shares closed last Wednesday at $45.53.

According to TipRanks.com, Spinola is ranked #4611 out of 12214 analysts.

Viavi Solutions has an analyst consensus of Strong Buy, with a price target consensus of $57.29, representing a 30.3% upside. In a report issued on April 19, TipRanks – Google also downgraded the stock to Hold with a $48.00 price target.

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Extreme Networks (EXTR)

UBS analyst David Vogt assigned a Hold rating to Extreme Networks today and set a price target of $22.50. The company’s shares closed last Wednesday at $21.85.

According to TipRanks.com, Vogt is a 4-star analyst with an average return of 13.4% and a 63.9% success rate. Vogt covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and TD SYNNEX Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Extreme Networks with a $25.63 average price target, representing a 42.0% upside. In a report issued on April 16, TipRanks – xAI also reiterated a Hold rating on the stock with a $17.50 price target.

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