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Boutique research firm Off Wall Street has launched coverage on F5 (FFIV -4%) with a Sell and...

Boutique research firm Off Wall Street has launched coverage on F5 (FFIV -4%) with a Sell and $70 PT, and has sent shares tumbling in the process. The report comes as F5 furthers its security ambitions by forming a partnership with Websense (WBSN). The companies have developed an enterprise security architecture that relies on F5's mainstay BIG-IP application delivery controllers and Websense's X10G and V-Series Web security/content inspection appliances.
Comments (2)
  • This is a company that is doing everything right in a field that is extremely prevalent right now. If some out off the mainstream downgrades to sell shareholders should hold tight to their shares and not play into their hands. In all probabilities they have just discovered and are presenting a buying opportunity to their clients. This has happened since I began to follow tech. I remember when Cisco, Wellfleet, Stratacom, Ascend , were in the same situation as FFiIV is now. They used to be downgraded and would drop in the most scary way. Except for Cisco, all the others were acquired at phenomenal premiums.
    25 Feb 2013, 11:13 AM Reply Like
  • Probably established their short position and announced this report. Its comical .

     

    Was looking for a buying opportunity and they may have just provided that.
    25 Feb 2013, 12:38 PM Reply Like
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