F5 Reports Strong Earnings Growth in its Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Earnings Outlook

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Go back to F5 Reports Strong Earnings Growth in its Second Quarter of Fiscal Year 2024; Raises Fiscal Year 2024 Earnings Outlook

F5 Networks (FFIV) PT Lowered to $182 at RBC Capital

April 30, 2024 6:31 AM EDT

RBC Capital analyst Matthew Hedberg lowered the price target on F5 Networks (NASDAQ: FFIV) to $182.00 (from $204.00) while maintaining a Sector Perform rating.

The analyst comments "Results were mixed with top-line metrics below expectations and lower than expected Q3 guidance, making a tougher Q4... More