F5 Networks (FFIV) Receives a Buy from Credit Suisse


In a report issued on October 24, Sami Badri from Credit Suisse maintained a Buy rating on F5 Networks (FFIV), with a price target of $192.00. The company’s shares closed last Monday at $143.55.

According to TipRanks.com, Badri is a 3-star analyst with an average return of 1.1% and a 44.0% success rate. Badri covers the Consumer Goods sector, focusing on stocks such as Motorola Solutions, Cisco Systems Inc, and CommScope Holding.

F5 Networks has an analyst consensus of Moderate Buy, with a price target consensus of $160.00, representing a 10.7% upside. In a report issued on October 24, Barclays also maintained a Buy rating on the stock with a $170.00 price target.

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The company has a one-year high of $190.08 and a one-year low of $121.36. Currently, F5 Networks has an average volume of 644.7K.

Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FFIV in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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