F5 upgraded on security product potential

Apr. 01, 2019 7:19 AM ETF5, Inc. (FFIV)FFIVBy: Brandy Betz, SA News Editor
  • Nomura upgrades F5 Networks (NASDAQ:FFIV) from Neutral to Buy and raises the PT from $155 to $180 citing the security division "finally" becoming a "more meaningful driver."
  • Analyst Jeffrey Kvaal cites an internal survey that also shows spending on F5 security products "should rise over the next year."
  • F5 shares are flat pre-market at $156.93.
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