F5 Networks could benefit from Cisco ACE replacement, says Pacific Crest After conducting channel checks, Pacific Crest reports that the Cisco (CSCO) ACE replacement is beginning to happen, and that F5 (FFIV) has won a Cisco ACE deal that will be implemented in March. The firm thinks this opportunity could add 31c to F5's EPS in 2014 and it believes the stock could rise to $117. The firm maintains an Outperform rating on the shares.
F5 Networks weakness likely to create attractive entry point, says Wells Fargo Wells Fargo says that most of its contacts describe F5's business with vendors as on-plan. The firm thinks this indicates that the company's Q3 results will be at least in-line with expectations. The firm expects the company's growth to accelerate in fiscal Q1, and it continues to recommend that investors own the stock.