Jefferies Starts F5 Networks (FFIV) at Hold
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Price: $102.13 -6.64%
Rating Summary:
17 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
17 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies initiates coverage on F5 Networks (NASDAQ: FFIV) with a Hold rating and $70 price target.
The firm comments, "Looking forward, we believe that F5 has a significant growth opportunity. Nonetheless, the current valuation of the shares largely reflects the positive aspects of the story, particularly in light of near-term macro-economic concerns."
For more ratings news on F5 Networks click here and for the rating history of F5 Networks click here.
Shares of F5 Networks closed at $77.38 yesterday.
The firm comments, "Looking forward, we believe that F5 has a significant growth opportunity. Nonetheless, the current valuation of the shares largely reflects the positive aspects of the story, particularly in light of near-term macro-economic concerns."
For more ratings news on F5 Networks click here and for the rating history of F5 Networks click here.
Shares of F5 Networks closed at $77.38 yesterday.
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