Deutsche Bank On FFIV Strong Momentum

Deutsche Bank has issued a report on F5 Networks' FFIV stong moment and growth. According to Deutsche Bank, “Our research suggests strong momentum for F5's ADCs in growth-oriented use cases such as the IPv4/v6 transition, SSL offload, mobile Internet, ‘Active Active' datacenters etc. F5's products could see a meaningful ramp in the telcos following the launch of TMOS 11 during 1H/11. Our solid conviction in F5's multi-year ADC product cycles in Web 2.0, mobile Internet and Cloud services sums up our positive outlook on the stock.” FFIV is rated Buy and has a $145 Price Target. FFIV closed yesterday at $100.70 a share.