JPMorgan analyst Samik Chatterjee lowered his price target for F5 Networks to $156 from $158 and keeps a Neutral rating on the shares following last night's results. The company reported "strong" fiscal Q1 results that were largely in line with expectations, but key variances relative to expectations included Software revenue growth decelerating substantially on account of sales reorganization and typical lumpiness of contract wins, Chatterjee tells investors in a research note. Further, F5 offered a lower earnings outlook for Q2 and fiscal 2020 due to dilution from Shape, adds the analyst.