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Fly News Breaks for January 5, 2016
FFIV
Jan 5, 2016 | 07:44 EDT
Oppenheimer analyst Ittai Kidron said he expects the continued adoption of the public cloud, new architectures from emerging vendors and the separation of software from hardware to weigh on traditional networking and storage vendors in 2016. Against this backdrop, the analyst is cautious on F5 Networks and downgraded the shares to Perform from Outperform, as he believes its ADC growth opportunities are limited and that its transition to a subscription model will take time.
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