F5 Networks (FFIV) Tops Q1 EPS by 13c; Issues Light Q2 Outlook
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January 21, 2016 8:25 AM EST
Piper Jaffray maintained a Neutral rating on F5 Networks (NASDAQ: FFIV), and cut the price target to $100.00 (from $123.00), following the company's 1Q earnings report. F5 reported respectable December quarter results, driven by stronger than expected service revenues and offset by product revenue, which continued to decline year/year. Revenues of $489.5 million increased 5.8%... More
January 21, 2016 7:11 AM EST
Citi upgraded F5 Networks (NASDAQ: FFIV) from Sell to Neutral.
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 $90.02 yesterday.
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January 21, 2016 7:04 AM EST
BMO Capital maintained a Market Perform rating on F5 Networks (NASDAQ: FFIV), and cut the price target to $93.00 (from $108.00), following the company's 1Q earnings report. Revenues and EPS of $489M and $1.73, came in above consensus estimates of $486M and $1.60. However, BMO remains concerned that the weak product sales could last longer than expected as new network architectures may be muting demand and... More
