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Fly News Breaks for January 17, 2018
FFIV
Jan 17, 2018 | 06:36 EDT
DA Davidson analyst Mark Kelleher raised his price target on F5 Networks to $155, saying the company is halfway into a new product cycle while generating high gross margins and strong cash flows. The analyst adds that he expects incremental opportunities in software based on F5's growing virtual ADC and application security solutions leading the way into public cloud. Kelleher keeps his Buy rating on F5 Networks.
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