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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 (1526)8/20/2007 1:52:36 PM
From: Moonray   of 1801
 
F5 Networks "hold," target price reduced
Wedbush Morgan Securities - Monday, August 20, 2007 10:01:30 AM ET

NEW YORK, August 20 (newratings.com) - Analysts at Wedbush Morgan reiterate their "hold" rating on F5 Networks Inc (FFIV.NAS). The target price has been reduced from $80 to $40.


F5 Networks "neutral," target price revised
Robert W. Baird - Monday, August 20, 2007 4:14:45 AM ET

NEW YORK, August 20 (newratings.com) - Analysts at Robert W Baird maintain their "neutral" rating on F5 Networks Inc (FFIV.NAS). The target price has been revised to $40.

In a research note published this morning, the analysts mention that the company’s two-for-one stock split comes into effect from today. The Acopia acquisition is expected to be dilutive by about 13% to F5 Networks’ pro forma EPS in FY08, the analysts say. F5 Networks’ new products have longer sales cycles, which may affect the company’s sales momentum going ahead, Robert W Baird adds.

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