A10 Networks (ATEN) Misses Q3 EPS by 3c

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A10 Networks (ATEN) Weakness Likely Self-Inflicted, BofA/Merrill Lynch Says; Buy on Favorable Setup

October 31, 2014 11:49 AM EDT

BofA/Merrill Lynch reiterated a Buy rating and $8 price target on A10 Networks (NYSE: ATEN) Friday despite a revenue miss and weak guidance.

While management cited weak service provider and enterprise spend in North America, analyst Tal Liani notes robust sales from... More