F5 Networks (FFIV) Tops Q2 EPS by 5c, Offers Q3 Guidance and Approves $1B Buyback
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Drexel Hamilton Maintains Bullish View on F5 Networks (FFIV) Posts Q2
April 21, 2016 8:54 AM EDTDrexel Hamilton analyst Brian White reiterated a Buy rating and $145 price target on F5 Networks (NASDAQ: FFIV) following Q2 results. The analyst soft sale trends but new product cycle ramps and sales cycle troughs.
White highlighted:
Last night, F5 Networks reported soft 2Q:FY16 sales and a muted sales outlook; however, the company executed well on EPS and we look forward to a new product cycle ramping in the coming months. Also, F5's board authorized an additional $1 billion for the company's share repurchase... MoreF5 Networks (FFIV) PT, Estimate Raised at Piper Jaffray Post Q2
April 21, 2016 8:39 AM EDTPiper Jaffray analyst Troy Jensen bumped his price target on F5 Networks (NASDAQ: FFIV) to $103.00 (from $100.00) following results but maintained a Neutral rating.
Jensen commented, "F5 Networks reported mixed March quarter results with revenues falling below expectations, but lower taxes and an aggressive share... More
Baird Raises Price Target on F5 Networks (FFIV) to $110 Following 2Q; Reiterates Neutral
April 21, 2016 7:45 AM EDTBaird reiterated a Neutral rating on F5 Networks (NASDAQ: FFIV), and raised the price target to $110.00 (from $105.00), following the company's 2Q earnings report. FFIV reported a slight miss in revenue at $484M, compared to $486M consensus. Non-GAAP EPS of $1.68 came in ahead of consensus estimates of... More
