Deutsche Bank Has Some Thoughts From Oracle World

Deutsche Bank has some thoughts on Oracle World which it attended yesterday in San Francisco. It covers F5 Networks FFIV in the report, which it rates at a Buy with a $110 price target. In the report, Deutsche Bank writes, "We see F5's expanding beyond their core competency in the application tier, and moving into the middleware, databases, and storage tiers. The use cases involve utilizing F5's optimization and security solutions for data replication among datacenters ('active active' datacenters), Cloud storage, etc. We think that F5's solutions for ORCL, MSFT, VMW, etc could be meaningful to their CY11+ numbers and to their growth profile." It goes on to say, "In sum, we think that business applications and the datacenters' transition to Clouds are meaningful growth accelerants for category leaders such as CSCO and FFIV - helping to partially offset periods of demand weakness due to macro, legacy product cycles, etc." Shares of FFIV closed at $103.38 yesterday. Want to share YOUR story with our dynamic and rapidly growing audience? Click here to become a Contributor.