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Why A10 Networks (ATEN) Stock Is Higher This Morning

NEW YORK (TheStreet) -- Shares of A10 Networks, Inc. (ATEN - Get Report) are higher by 2.49% to $14.83 after Pacific Crest Securities initiated coverage of the provider of advanced application networking technologies at "outperform," with a price target of $18.

"We are initiating coverage of ATEN at Outperform on valuation, accelerating cloud and enterprise customer footprint, TAM expansion from new products and increasing share gains. For a small cap poised for 25%- plus growth, the risk/reward is attractive. We see 24% upside to $18," the firm said in a note.

Must Read: Warren Buffett's 10 Favorite Growth Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. ATEN Chart

ATEN data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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SYM TRADE IT LAST %CHG
ATEN $6.20 0.00%
AAPL $131.39 0.00%
FB $80.48 0.00%
GOOG $542.51 0.00%
TSLA $245.62 0.00%

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