More on Piper's upgrade of F5 (FFIV +3.1%): Analyst Troy Jensen joins William Blair's Jason Ader...


More on Piper's upgrade of F5 (FFIV +3.1%): Analyst Troy Jensen joins William Blair's Jason Ader in reporting solid channel checks. Jensen's checks lead him to think FQ3 results (due on July 24) will be"at the upper end of guidance and above consensus," He also foresees F5 continuing its momentum in 2H, aided by new product launches, security strength, and pent-up service provider demand - soft telco bookings were partly responsible for F5's FQ2 warning. Application delivery controller rival Radware (RDWR +2%) appears to be rallying in sympathy.
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