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Fly News Breaks for November 13, 2015
FFIV
Nov 13, 2015 | 08:10 EDT
As noted earlier, JMP Securities downgraded F5 Networks to Market Perform from Outperform. Following the company's Analyst Day, the firm thinks the company has "limited catalysts." The firm does not expect investors to be impressed by the company's upcoming new hardware products, and it does not expect them to become a significant catalyst until fiscal 2017. JMP says it's also concerned that the transition to public clouds is hurting F5.
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