DA Davidson downgrades A10 Networks on late filing concerns

|About: A10 Networks, Inc. (ATEN)|By:, SA News Editor

DA Davidson downgrades A10 Networks (NYSE:ATEN) from Buy to Neutral.

Firm seeks further clarity on accounting issues after the company announced a delayed 10-K filing. 

DA Davidson notes that in similar situations a company that slips past the 15-day extension often takes substantial time to finalize. 

Price target lowered by a dollar to $7, a 7% upside to Friday’s close.

Source: Briefing.com. 

A10 shares are down 8% to $6.01.  

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