Goldman Sachs Bumps Price Target on F5 Networks (FFIV) But Remains on the Sidelines

Goldman Sachs reiterated their Neutral rating on F5 Networks (NASDAQ: FFIV) but raised their price target from $91 to $96 following better-than-expected Q4 results.

The firm said the current valuation is reasonable for an estimated high-teens EPS grower where they have concerns about meeting revenue guidance.

For more ratings news on F5 Networks click here and for the rating history of F5 Networks click here.

Shares of F5 Networks closed at $88.76 yesterday.

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