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Technology Stocks : F5 Networks, Inc. (FFIV) -- Ignore unavailable to you. Want to Upgrade?

To: Moonray who wrote (1540)	10/11/2007 10:05:04 AM
From: Moonray	Respond to of 1801

F5 Networks "equal weight," target price reduced - update Lehman Brothers - Wednesday, October 10, 2007 2:23:17 PM ET NEW YORK, October 10 (newratings.com) - Analyst Inder M Singh of Lehman Brothers maintains his "equal weight" rating on F5 Networks Inc (FFIV.NAS), while reducing his estimates for the company. The target price has been reduced from $84 to $42. In a research note published this morning, the analyst mentions that recent checks indicate robust trends in the September quarter and the company is likely to report its revenues and pro forma EPS for the quarter ahead of the consensus. Any pressure on F5 Networks’ margins in 2H07 on account of product transition and the Acopia integration is expected to be offset by cost controls, the analyst says. The EPS estimates for 2007 and 2008 have been reduced from $2.06 to $0.88 and from $2.48 to $1.06, respectively, to reflect the Acopia integration and stock split. o~~~ O