A10 Networks price target lowered to $15 from $19 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on A10 Networks to $15 from $19 and keeps a Buy rating on the shares. A10 negatively pre-released its Q3 revenue to be $56.5M-$58.5M, below the firm’s previous estimate of $74M. The company stated that the industry headwinds from North American service provider customers pushing out capital expenditures continued.