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Fly News Breaks for December 14, 2016
FFIV
Dec 14, 2016 | 06:52 EDT
Citi analyst Jim Suva upgraded F5 Networks (FFIV) to Buy and named the stock his top stock pick in IT Hardware. The analyst shifted Cisco (CSCO) lower but keeps a Buy rating on the shares. U.S. tax reform, capital investments and acquisition targets are new positives for the sector, Suva tells investors in a research note explaining why he's getting "more offensive and positive" on the traditional IT Hardware sector in 2017.
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