Citi Downgrades F5 Networks (FFIV) to Neutral

(Updated - June 19, 2018 5:38 AM EDT)

(updated to add analyst comment and price target)

Citi downgraded F5 Networks (NASDAQ: FFIV) from Buy to Neutral, price target $190.00 (from $170.00).

Analyst Jim Suva steps the sideline following the recent rally in the equity price. The analyst is not expecting estimate to move lower or higher and sees no valuation multiple expansion on the horizon.

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 $182.50 yesterday.

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