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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 246.41+2.1%Nov 5 3:59 PM EST

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To: JakeStraw who wrote (1552)1/16/2008 9:16:08 AM
From: Moonray  Read Replies (1) of 1801
 
F5 Networks "buy," target price reduced
Lazard Capital Markets - Tuesday, January 15, 2008 1:16:56 PM ET

NEW YORK, January 15 (newratings.com) - Analysts at Lazard Capital reiterate their "buy" rating on F5 Networks Inc (FFIV.NAS). The target price has been reduced from $50 to $44.


F5 Networks "sector perform," target price reduced
RBC Capital Markets - Monday, January 14, 2008 10:39:20 AM ET

NEW YORK, January 14 (newratings.com) - Analyst Mark Sue of RBC Capital Markets maintains his "sector perform" rating on F5 Networks Inc (FFIV.NAS), while reducing his estimates for the company. The target price has been reduced from $38 to $28.

In a research note published this morning, the analyst mentions that the uptake of application switching in North America has been slower than usual. IT budgets are taking longer than normal to gain approval this year, the analyst says. F5 Networks continues to face difficulties in sales-force execution and the domestic tech spending environment remains uncertain, the analyst says. The non-GAAP EPS estimate for 2008 has been reduced from $1.61 to $1.58.

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