F5 Networks initiated with "buy"
Tuesday, November 14, 2006 9:16:43 AM ET
Banc of America
NEW YORK, November 14 (newratings.com) - Analysts at Banc of America Securities initiate
coverage of F5 Networks Inc (FFIV.NAS) with a "buy" rating. The target price is set to $90.
In a research note published this morning, the analysts mention that the company’s core market
is likely to even exceed high expectations and the Service Provider could provide a significant
multi-year growth opportunity. F5 Networks is likely to launch four major products next year and
the company now seems to be entering a huge product cycle, Banc of America Securities says.
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F5 Networks "buy," target price raised
Monday, November 13, 2006 2:53:08 AM ET
Nollenberger Capital
NEW YORK, November 13 (newratings.com) - Analysts at Nollenberger Capital Partners maintain
their "buy" rating on F5 Networks (FFIV.NAS). The target price has been raised from $72 to $ 76.
In a research note published on November 10, the analysts mention that the company is likely to
restate its results for FY99-FY06 to account for an additional $22.9 million in non-cash stock-based
compensation expenses related to the improper dating of stock option-based compensation. F5
Networks is likely to be able to tap on several opportunities in application delivery networking in
order to sustain its industry-high growth rate through the rest of FY07 and into FY08, the analysts say.
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F5 Networks "buy," target price raised
Saturday, November 11, 2006 8:21:25 AM ET
Wedbush Morgan Securities
NEW YORK, November 11 (newratings.com) - In a research note published yesterday, analysts at
Wedbush Morgan reiterate their "buy" rating on F5 Networks (FFIV.NAS). The target price has been
raised from $70 to $74.
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