Information Provided By:
Fly News Breaks for February 10, 2020
FFIV
Feb 10, 2020 | 06:18 EDT
Needham analyst Alex Henderson upgraded F5 Networks to Buy from Hold with a $160 price target. The analyst notes that he had previously believed that the company was too slow to shift its strategy to a more cloud-centric model, but its recent steps have placed it on a software-driven growth curve. Henderson adds that there are "very few software subscription companies" that are growing at 6%-10% per year while offering a "pristine" balance sheet and an operating margin above 30%.
News For FFIV From the Last 2 Days
There are no results for your query FFIV