In a report published Friday, Jefferies analyst George C. Notter reiterated a Hold rating on F5 Networks FFIV, but lowered the price target from $91.50 to $82.00.
In the report, Notter noted, “F5 pre-announced fiscal Q2'13 (March) results that were significantly below expectations. Regarding the stock, we're still on the sidelines with a Hold rating – reaccelerating product growth will continue to remain a challenge for the company.”
F5 Networks closed on Thursday at $90.42.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in