F5 Stock Downgraded By Citigroup On Revenue Growth

By | June 1, 2015

Scalper1 News

F5 Networks (FFIV) stock might be range-bound until revenue growth reaccelerates, says Citigroup, which on Monday downgraded the stock to neutral but raised its price target. Citigroup analyst Ehud Gelblum hikes his price target to 132 from 122. F5 Networks stock, which has slipped 5% this year, was down 1% in morning in the stock market today, near 124.50. Seattle-based F5 Networks is the No. 1 seller of application delivery controllers, which Scalper1 News

Scalper1 News