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Stock impact report

F5 Networks up on analyst upgrade, new Street-high price target [Seeking Alpha]

F5, Inc. (FFIV) 
Last f5, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: f5.com/about-us/investor-relations
Company Research Source: Seeking Alpha
F5 Networks up on analyst upgrade, new Street-high price targetBMO upgrades F5 Networks (NASDAQ:FFIV) from Market Perform to Outperform and sets the price target at the new Street high of $156, up from $122.Analyst Tim Long expects shares to turn around after a 2017 underperformance as investors give more credit to the recurring software business.Long expects product growth reacceleration in mid-2018 and notes that the company will be one of the largest beneficiaries of the U.S. tax reform with a 31% pro forma tax rate.Source: Bloomberg First WordF5 shares areup 0.1% premarket to $134.11.See all stocks on the move »Now read:A Value Stock In The High Flying Tech Sector » Show less Read more
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