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Technology Stocks : F5 Networks, Inc. (FFIV)
FFIV 260.41-0.1%3:59 PM EST

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From: Moonray5/19/2009 9:59:09 AM
   of 1801
 
F5 Networks downgraded to "hold"
05/18/09 - Stifel Nicolaus

NEW YORK, May 18 (newratings.com) - Analysts at Stifel Nicolaus & Company downgrade F5 Networks, Inc (FFIV) to "hold."

In a research note published this morning, the analysts mention that the company’s share price has appreciated and reached near the earlier target price of $27. Reseller checks have revealed that the current quarter is likely to be lukewarm with many customers waiting in the sidelines despite the stability in the demand, the analysts add. F5 Networks’ product revenues are expected to show double digit negative growth over the next several quarters, Stifel Nicolaus says.

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