F5 Networks risk/reward favorable, says Pacific Crest Pacific Crest said its contacts indicate Cisco (CSCO) ACE replacement deals continue to drive healthy demand for F5 Networks's (FFIV) higher-end VIPRION platforms and new appliances. The firm said it now has increased conviction in shares of F5 and it keeps an Outperform rating on the name with a $133 price target. It views the risk/reward as favorable at current levels.
Goldman Sachs to hold a conference Technology & Internet Conference is being held in San Francisco on February 9-11 with webcasted company presentations to begin on February 10 at 11 am; not all company presentations may be webcasted. Webcast Link