EXTREME NETWRKS (EXTR) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of EXTREME NETWRKS (EXTR) from OUTPERFORM to NEUTRAL on October 21, 2014, with a target price of $3.70.

Extreme Networks, Inc. is a leading provider of a next generation of switching solutions that meet the increasing needs of enterprise local area networks internet service providers and content providers. The key advantages of its Layer 3 switching solutions are increased performance, the ability to easily grow in size as customer needs change, flexible allocation of network resources, ease of use and lower cost of ownership. These advantages are obtained through the use of custom semiconductors, known as ASICs, in its products and through hardware and software designs.

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