Piper Jaffray Upgrades F5 Networks (FFIV) to Overweight
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F5 Networks (FFIV) PT Raised to $120 at Jefferies
October 27, 2016 9:37 AM EDTJefferies analyst George Notter raised his price target on F5 Networks (NASDAQ: FFIV) to $120.00 (from $110.00) but maintained a Hold rating.
Notter commented, "F5 delivered solid September results and guidance for 2017. Moreover, the organization seems to be effectively navigating their product refresh cycle... More
F5 Networks (FFIV) Tops Q4 EPS by 17c; Guides Q4; Names New CTO
October 26, 2016 4:14 PM EDTF5 Networks (NASDAQ: FFIV) reported Q4 EPS of $2.11, $0.17 better than the analyst estimate of $1.94. Revenue for the quarter came in at $525.3 million versus the consensus estimate of $520.32 million.
FFIV also announced that Ryan Kearny has been appointed to the companys executive leadership team as Executive Vice President of Product Development and Chief Technology Officer, reporting to the CEO. In this role, Kearny will oversee the companys product development and innovation strategy for all F5 solutions.
Ryans experience, perspective, and technical acumen... More
