Credit Suisse Remains a Buy on F5 Networks (FFIV)


In a report released yesterday, Sami Badri from Credit Suisse maintained a Buy rating on F5 Networks (FFIV), with a price target of $218. The company’s shares closed yesterday at $154.31.

According to TipRanks.com, Badri has currently no stars on a ranking scale of 0-5 stars, with an average return of -15.4% and a 20.0% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and CommScope Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for F5 Networks with a $184.86 average price target.

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Based on F5 Networks’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $133 million. In comparison, last year the company had a net profit of $88.43 million.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock.

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F5 Networks, Inc. engages development and provision of software defined application services. It offers the development, marketing and sale of application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems.

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