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Fly News Breaks for April 26, 2018
FFIV
Apr 26, 2018 | 09:04 EDT
MKM Partners analyst Michael Genovese raised his price target on F5 Networks to $167 after its Q2 earnings beat and gross margin expansion, saying the company's margin and earnings outlook for FY18 were also in line with his forecasts. The analyst keeps his Neutral rating on F5 Networks, anticipating its transition from Hardware Product sales to Software Product sales to take a long time.
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