F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 246.41

+2.1%

3:59 PM EST

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From: Moonray	4/1/2008 8:58:20 AM
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F5 Networks downgraded to "neutral" MKM Partners - 03/31/08 NEW YORK, March 31 (newratings.com) - Analysts at MKM Partners downgrade F5 Networks (FFIV) to "neutral," while reducing their estimates for the company. The fair value has been reduced from $34 to $23. In a research note published on March 28, the analysts mention that the company is facing challenges in the March quarter. Although F5 Networks is a well-managed company with sustainable technology leadership, the current environment is likely to restrict upside to the company’s share price, MKM Partners adds. The EPS estimate for FY08 has been reduced from $1.45 to $1 .31 to reflect lower revenues from the company’s core products as well as acquired Acopia solutions. o~~~ O

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