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Fly News Breaks for January 11, 2019
FFIV
Jan 11, 2019 | 07:05 EDT
Deutsche Bank analyst Vijay Bhagavath added F5 Networks as a short term "Catalyst Call Sell." Tactically, consensus is expecting quarter-over-quarter revenue growth for both Products and Services in the company's March quarter outlook, Bhagavath tells investors in a research note. However, he sees "modest risk" to consensus sales expectations for the outlook and believes F5 shares are trading at "elevated" multiples. Bhagavath keeps a Sell rating on the name.
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