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F5 upgraded on security product potential

|About: F5 Networks, Inc. (FFIV)|By:, 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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