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Fly News Breaks for June 5, 2017
FFIV
Jun 5, 2017 | 08:35 EDT
Wells Fargo says that the weakness in F5's stock has created an attractive entry point. The firm believes that demand for the company's new products is better than its results would suggest, while it can beat estimates going forward and its valuation is close to bottoming. Wells adds that the company could choose to exert better control over its costs going forward. It keeps an Outperform rating on the shares.
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