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Fly News Breaks for January 31, 2017
FFIV
Jan 31, 2017 | 06:37 EDT
Deutsche Bank analyst Vijay Bhagavath finds it "reasonable to assume" that new F5 Networks CEO Francois Locoh-Donou is unlikely to make meaningful changes to the company's operating model or to the product roadmap during FY17. The analyst keeps his cautious near-term view around mid-single digit sales and earnings growth for F5. He keeps a Hold rating on the shares with a $120 price target.
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