JPMorgan Downgrades F5 Networks (FFIV) to Neutral

March 12, 2019 6:04 AM EDT
Get Alerts FFIV Hot Sheet
Price: $225.79 +0.85%

Rating Summary:
    22 Buy, 23 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 8 | New: 70
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JPMorgan analyst Samik Chatterjee downgraded F5 Networks (NASDAQ: FFIV) from Overweight to Neutral with a price target of $183.00 (from $210.00).

  • The analyst steps aside citing concerns with integration and execution risks associated with the "expensive acquisition" of private company NGINX.

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 $162.09 yesterday.

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