F5 Networks Downgraded On Worries Over AT&T Spending

By | September 29, 2014

Scalper1 News

Slower capital spending by telecom companies, particularly AT&T, might crimp revenue growth at F5 Networks (FFIV), says RW Baird, which downgraded the stock to neutral on Monday. F5 Networks stock was down nearly 2% in afternoon trading in the stock market today, near 119. F5 stock is up more than 30% in 2014 but has slid 7% since hitting a 16-month high of of 128.30 on Sept. 19. Seattle-based F5 Networks sells application delivery controllers Scalper1 News

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