BWS Financial analyst Hamed Khorsand raised the firm's price target on A10 Networks to $45 from $30 and keeps a Buy rating on the shares. The company is in the middle of two "demand events" that could bring faster than expected revenue and free cash flow growth, the analyst tells investors in a research note. The company is seeing higher demand for its security solutions with AI increasing the amount of traffic running on networks, and the other event is the rising instances of adversarial AI being used to breach networks, contends BWS.
