F5 Networks Stock Boost Seen From Federal Spending

By | September 15, 2014

Scalper1 News

A lift in federal and corporate spending should boost F5 Networks (FFIV) revenue, says Pacific Crest Securities, which raised its price target on F5’s stock. Brent Bracelin, a Pacific Crest analyst, raised his price target to 151 from 135 in a report published on Monday. Shares in the data center gear maker dipped a fraction in early trading in the stock market today. Seattle-based F5 Networks sells application delivery controllers that direct Scalper1 News

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