F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 249.03

-1.6%

Nov 3 3:59 PM EST

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To: Moonray who wrote (1579)	5/9/2008 8:59:58 AM
From: Moonray	of 1801

F5 Networks upgraded to "outperform" 2:55a.m. - RBC Capital Markets NEW YORK, May 9 (newratings.com) - Analysts at RBC Capital Markets upgrade F5 Networks Inc (FFIV) from "sector perform" to "outperform," while raising their estimates for the company. The target price has been raised from $25 to $32. In a research note published yesterday, the analysts mention that F5 Networks’ steady financial metrics and product momentum might result in a recovery in the company's earnings growth going forward. F5 Networks is likely to be able to swing back to above-market revenue growth, backed by its new product launches, the analysts say. The EPS estimates for 2008 and 2009 have been raised from $1.41 to $1.42 and from $1.68 to $1.72, respectively. o~~~ O

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