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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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From: Moonray11/1/2007 10:13:27 AM
   of 1801
 
F5 Networks upgraded by Citigroup
Briefing.com - Thu 9:08am

F5 Networks Citigroup upgrades Hold to Buy. Target $43 to $44. Citigroup upgrades FFIV to Buy from Hold and raises their tgt to $44 from $43 saying although still facing a wall of worry over the next 1-2 quarters, the firm would use this period to accumulate given fundamentals and sentiment are at a low-point heading into an attractive CY08 product cycle, reasonable consensus EPS, and a likely reversion to Non-GAAP valuation.

o~~~ O
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