F5 Downgraded, As Nomura Eyes Cash Pile For Dividend
F5 Networks (FFIV) should use its strong balance sheet to add debt and initiate a dividend, says Nomura Securities, which downgraded the stock to sell Tuesday on views its revenue growth will slow. Seattle-based F5 Networks dropped more than 3% in the stock market today by early afternoon, to around 100. Shares in the data center gear maker are down 23% in 2015. Unlike RBC Capital, which last week speculated that F5 Network’s cash hoard and lower