F5 Networks Re-Accelerates Revenue Growth, Stock Up

By | January 23, 2014

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F5 Networks stock jumped Thursday after the maker of data center gear late Wednesday reported December-quarter results that beat analyst estimates, as did its March-quarter guidance. F5 stock was up 8.5% in early trading in the stock market today, near 105.50. Earlier, the stock was up 11.5% at a 16-month high. Citigroup, Jefferies and Piper Jaffray all raised their price targets on F5 stock on the results, but Nomura Securities downgraded the Scalper1 News

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