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.
News For FFIV From The Last 14 Days
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F5 Networks downgraded to Neutral from Outperform at RW Baird RW Baird downgraded F5 Networks to Neutral citing the recent rally in shares and some uncertainty in the Service Provider vertical. The firm keeps a $125 price target for the stock.