F5 Networks (FFIV) PT Bumped to $138 at Credit Suisse

Credit Suisse analyst Sami Badri raised his price target on F5 Networks (NASDAQ: FFIV) to $138.00 (from $134.00) but maintained his Neutral rating, saying they see a solid 2017 outlook.

"Overall, we believe that the company will execute very well in 2017, driven by new products, strategic partnerships, and security deployments," the analyst said.

They keep their Neutral as they still see challenges ahead associated with the product revenue mix.

For an analyst ratings summary and ratings history on F5 Networks click here. For more ratings news on F5 Networks click here.

Shares of F5 Networks closed at $140.86 yesterday.

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