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

To: JakeStraw who wrote (1573)	4/9/2008 7:42:33 AM
From: Moonray	Respond to of 1801

F5 Networks "hold," estimates reduced Lazard Capital Markets - 04/08/08 NEW YORK, April 8 (newratings.com) - Analysts at Lazard Capital maintain their "hold" rating on F5 Networks Inc (FFIV), while reducing their estimates for the company. In a research note published yesterday, the analysts mention that channel checks indicate that F5 Networks' business continued to deteriorate towards the end of March and the company is expected to post weaker-than-expected March quarter results. The F2Q08 and 2008 consensus expectations for the company appear to be over-optimistic, the analysts say. In addition to the near-term uncertainty and macroeconomic challenges, there is growing concern over the growth prospects of the ADC market, Lazard Capital adds. The non-GAAP EPS estimate for 2008 has been reduced from $1.40 to $1.30. F5 Networks "buy," target price reduced - update UBS - 04/03/08 NEW YORK, April 3 (newratings.com) - Analysts at UBS maintain their "buy" rating on F5 Networks Inc (FFIV), while reducing their estimates for the company. The target price has been reduced from $34 to $24. In a research note published this morning, the analysts mention that the rationalization of the IT network spending has augmented the top-line risk for vendors, such as F5 Networks. The company is expected to report its March quarter results in-line with expectations, the analysts add. F5 Networks' earnings are likely to be restricted going forward by concerns over the US economy, UBS says. The EPS estimates for 2008 and 2009 have been reduced from $0.95 to $0.93 and from $1.36 to $1.24, respectively. o~~~ O