F5 Stock Dips, Piper Jaffray Sees Earnings Slowing

By | June 29, 2015

Scalper1 News

Piper Jaffray downgraded F5 Networks on views that earnings growth will slow from the mid-20s to the mid-teens and uncertainty over a new CEO’s strategic steps. F5 Networks stock was down 2.5% in afternoon trading in the stock market today, near 120.50. Shares of Seattle-based F5 Networks are down about 8% in 2015, but F5 has a good IBD Composite Rating of 90. F5 Networks is the No. 1 seller of application delivery controllers, which direct data Scalper1 News

Scalper1 News