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Fly News Breaks for January 25, 2018
FFIV
Jan 25, 2018 | 08:08 EDT
MKM Partners analyst Michael Genovese raised his price target on F5 Networks to $156 after a Q1 earnings beat, but kept his Neutral rating on expectation of a "long and difficult" transition from hardware to software product sales. The analyst attributes his price target change to the positive impact of the tax reform lowering the effective rate to 25% from 32%.
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