Citi Upgrades F5 Networks (FFIV) to Neutral

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Go back to Citi Upgrades F5 Networks (FFIV) to Neutral

Piper Jaffray Cut Price Target on F5 Networks (FFIV) Following 1Q Earnings

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

F5 Networks (FFIV) Tops Q1 EPS by 13c; Issues Light Q2 Outlook

January 20, 2016 4:06 PM EST

F5 Networks (NASDAQ: FFIV) reported Q1 EPS of $1.73, $0.13 better than the analyst estimate of $1.60. Revenue for the quarter came in at $489.5 million versus the consensus estimate of $485.51 million.

GUIDANCE:

F5 Networks sees Q2 2016 EPS of $1.61-$1.64, versus the consensus of... More