F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 245.91

-0.9%

Nov 7 9:30 AM EST

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To: Moonray who wrote (1497)	11/21/2006 8:03:11 AM
From: Moonray	Read Replies (1) of 1801

F5 Networks "buy," target price raised Monday, November 20, 2006 8:37:53 AM ET Stifel Nicolaus NEW YORK, November 20 (newratings.com) - Analysts at Stifel Nicolaus & Company maintain their "buy" rating on F5 Networks Inc (FFIV.NAS), while raising their estimates for the company. The target price has been raised from $75 to $80. In a research note published this morning, the analysts mention that the company has completed its internal stock option investigation and has reported better-than-expected results for its June and September quarters. F5 Networks' guidance for the December quarter was higher than anticipated, the analysts say. The company is expected to achieve 40% and 41.5% revenue and EPS growth in FY07, respectively, Stifel Nicolaus & Company adds. The EPS estimates for 2007 and 2008 have been raised from $2.45 to $2.56 and from $2.82 to $2.93, respectively. o~~~ O

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