F5 Networks (FFIV) Tops Q2 EPS by 5c, Offers Q3 Guidance and Approves $1B Buyback
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Go back to F5 Networks (FFIV) Tops Q2 EPS by 5c, Offers Q3 Guidance and Approves $1B Buyback
April 21, 2016 8:54 AM EDT
Drexel 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...
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April 21, 2016 8:39 AM EDT
Piper 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
April 21, 2016 7:45 AM EDT
Baird 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
