Though it rates F5 Networks (FFIV) a Neutral, UBS is lifting its estimates and PT, citing...
Monday, March 5, 2012, 2:15 PM ETThough it rates F5 Networks (FFIV) a Neutral, UBS is lifting its estimates and PT, citing positive trends in data center and mobile capex, as well as management's comments at the Mobile World Congress. UBS notes F5 is a supplier to Facebook (FB), which plans on nearly tripling its capex in 2012 to $1.7B, and believes its position relative to CTXS and CSCO in the application delivery controller market is solid.
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