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Fly News Breaks for January 25, 2018
FFIV
Jan 25, 2018 | 08:17 EDT
BMO Capital analyst Tim Long raised his price target on F5 Networks to $166 after a "solid" Q1 earnings report that benefited from the effects of U.S tax reform and strength in EMEA. Long keeps his Outperform rating, saying the strength in software and increased adoption of iSeries appliances will help re-accelerate growth. The analyst is also "encouraged" by new public cloud opportunities.
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