Goldman Sachs Upgrades F5 Networks (FFIV) to Neutral
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Price: $395.54 -1.9%
Rating Summary:
21 Buy, 25 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
21 Buy, 25 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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Goldman Sachs upgraded F5 Networks (NASDAQ: FFIV) from Sell to Neutral with a price target of $94 (down from $98).
The firm cited significant underperformance, which now prices in their below consensus estimates. "We view F5 Networks as a secular winner at a strategic point in the data center that can sustainably grow EPS in the high teens," the analyst said.
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 $81.90 yesterday.
The firm cited significant underperformance, which now prices in their below consensus estimates. "We view F5 Networks as a secular winner at a strategic point in the data center that can sustainably grow EPS in the high teens," the analyst said.
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 $81.90 yesterday.
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