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Fly News Breaks for April 18, 2018
FFIV
Apr 18, 2018 | 07:54 EDT
Nomura Instinet analyst Jeffrey Kvaal lowered his price target for F5 Networks to $140 and keeps a Neutral rating on the shares. While the company's strategic review "offered a thoughtful plan for growth" in both application delivery controllers and security with new products in late 2018 and 2019, channel works suggests stasis ahead of the new ADC products, Kvaal tells investors in a research note. He trimmed his estimates for F5 back to consensus.
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