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Several investment firms have updated their stock ratings and price targets on shares of F5 Networks (NASDAQ: FFIV) in the last week:

  • F5 Networks had its price target raised by analysts at UBS AG from $105.00 to $112.00. They now have a “neutral” rating on the stock.
  • F5 Networks had its “overweight” rating reaffirmed by analysts at Barclays. They now have a $123.00 price target on the stock.
  • F5 Networks had its price target raised by analysts at BMO Capital Markets from $121.00 to $127.00.
  • F5 Networks had its “neutral” rating reaffirmed by analysts at Nomura. They now have a $113.00 price target on the stock.
  • F5 Networks had its price target raised by analysts at Piper Jaffray from $118.00 to $120.00. They now have an “overweight” rating on the stock.
  • F5 Networks had its price target raised by analysts at RBC Capital from $130.00 to $135.00. They now have an “outperform” rating on the stock.
  • F5 Networks had its price target raised by analysts at Deutsche Bank from $130.00 to $135.00. They now have a “buy” rating on the stock.
  • F5 Networks had its “buy” rating reaffirmed by analysts at Deutsche Bank. They now have a $130.00 price target on the stock, down previously from $135.00.
  • F5 Networks had its price target raised by analysts at Pacific Crest from $120.00 to $133.00. They now have an “outperform” rating on the stock.
  • F5 Networks had its price target raised by analysts at Northland Securities from $113.00 to $117.00. They now have a “market perform” rating on the stock.
  • F5 Networks had its “fair value” rating reaffirmed by analysts at Janney Montgomery Scott. They now have a $124.00 price target on the stock, up previously from $122.00.
  • F5 Networks had its price target raised by analysts at ISI Group from $125.00 to $135.00. They now have a “strong-buy” rating on the stock.
  • F5 Networks had its “neutral” rating reaffirmed by analysts at Bank of America. They now have a $120.00 price target on the stock, up previously from $112.00. They wrote, “F2Q revenue was $5mn or 1% ahead of expectations, EPS was 2c above due to buybacks. F3Q revenue guidance was 1% above consensus and EPS was ~2c ahead. Solid performance is attributed to recent refresh of core ADC products and demand for new security solutions. We increase our proforma FY14/15 EPS estimates from $5.16/5.87 to $5.25/5.97, and raise our PO to $120 accordingly. We maintain our Neutral though as we believe the valuation already reflects ADC growth deceleration and the opportunities in securities.”
  • F5 Networks had its price target raised by analysts at FBR Capital Markets from $90.00 to $120.00. They now have a “market perform” rating on the stock.
  • F5 Networks had its price target raised by analysts at Cowen and Company from $128.00 to $132.00.

Shares of F5 Networks, Inc. (NASDAQ:FFIV) opened at 106.70 on Friday. F5 Networks, Inc. has a one year low of $67.53 and a one year high of $116.71. The stock’s 50-day moving average is $107.6 and its 200-day moving average is $97.4. The company has a market cap of $8.050 billion and a price-to-earnings ratio of 30.13. F5 Networks also was the target of unusually large options trading activity on Wednesday. Stock investors purchased 14,198 call options on the stock. This is an increase of 348% compared to the typical daily volume of 3,172 call options.

F5 Networks, Inc is the developer and provider of application delivery services. The Company’s core technology is a full-proxy, programmable, software platform called TMOS (NASDAQ:FFIV).

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