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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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From: Moonray6/5/2008 10:07:13 AM
   of 1801
 
Market Report -- Short Stories (FFIV)
June 5, 2008 9:37 AM ET

F5 Networks . Target $32. Kaufman downgrades FFIV to Hold from Buy with a $32 tgt saying with F5's stock up 49% during the past three months and only 3% from their tgt they are downgrading. The firm says they believe the current valuation fairly reflects the current business environment and that further meaningful price appreciation driven by significant fiscal 3Q08 results outperformance will be difficult, due to dilution from Acopia and limited operating margin leverage as compared to a few years ago.

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