A10 Networks (ATEN) PT Raised to $13.50 at BWS Financial

BWS Financial analyst Hamed Khorsand raised the price target on A10 Networks (NYSE: ATEN) to $13.50 (from $9.50) while maintaining a Buy rating.

The analyst commented, "A10 Networks (ATEN) reporting second quarter results reaffirmed the improved cost structure the Company is now operating under and provided a glimpse into potential growth in the second half of the year. The
decrease in expenses had a direct benefit to the bottom line with ATEN generating double-digit operating margin."

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