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Stock Market & Financial Investment News

News Breaks
April 1, 2011
11:25 EDTFFIVF5 drops after William Blair discusses expectations for guidance cut
William Blair said earlier that its channel checks indicated slowing demand beyond Japan for F5 Networks, which leads the firm to believe F5 is likely to guide down significantly for its June quarter. The firm said in a note to investors this morning that while F5 could meet March quarter expectations due to expense controls, the company is likely to issue a significant guide-down for the June quarter, perhaps as much as 5%. William Blair believes F5's business is going through a deceleration period, on top of challenges in Japan and U.S. federal budget uncertainty. Shares of F5 Networks are down almost 7% in late morning trading, or $6.85, to $95.72.
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September 15, 2014
08:28 EDTFFIVF5 Networks price target raised to $151 from $135 at Pacific Crest
Pacific Crest increased its price target on F5 Networks as the firm says its checks with resellers suggest that F5 is benefiting from a seasonally strong federal and enterprise rebound and an expanding partner ecosystem. The firm is more confident in the company's earnings and multiple expansion outlook ,and it recommends buying the shares.
September 11, 2014
06:35 EDTFFIVF5 Networks price target raised to $150 from $135 at Deutsche Bank
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