Tag Archives: ffiv

Slower capital spending by telecom companies, particularly AT&T, might crimp revenue growth at F5 Networks (FFIV), says RW Baird, which downgraded the stock to neutral on Monday. F5 Networks stock was down nearly 2% in afternoon trading in the stock market today, near 119. F5 stock is up more than 30% in 2014 but has slid 7% since hitting a 16-month high of of 128.30 on Sept. 19. Seattle-based F5 Networks sells application delivery controllers

A lift in federal and corporate spending should boost F5 Networks (FFIV) revenue, says Pacific Crest Securities, which raised its price target on F5’s stock. Brent Bracelin, a Pacific Crest analyst, raised his price target to 151 from 135 in a report published on Monday. Shares in the data center gear maker dipped a fraction in early trading in the stock market today. Seattle-based F5 Networks sells application delivery controllers that direct