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Fly News Breaks for March 29, 2017
FFIV
Mar 29, 2017 | 05:55 EDT
Deutsche Bank analyst Vijay Bhagavath downgraded F5 Networks to Sell and lowered his price target for the shares to $100 from $120. The analyst sees 30% downside from current levels based on fiscal year 2018 fundamentals. Bhagavath expects F5's Product and Services revenues to decelerate in FY18 based on secular headwinds.
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