JPMorgan Downgrades F5 Networks (FFIV) to Neutral

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F5 Networks (FFIV) PT Lowered to $170 at DA Davidson

March 13, 2019 8:24 AM EDT

DA Davidson analyst Mark Kelleher lowered the price target on F5 Networks (NASDAQ: FFIV) to $170.00 (from $181.00) while maintaining a Neutral rating.

The analyst commented, "FFIV announced its intention to buy NGINX for $670M, causing a negative stock reaction, driven by factors including the... More