Cantor Fitzgerald Says Fortunes of F5 Networks Are About to Change

Loading...
Loading...
In a report published Friday, Cantor Fitzgerald analyst Brian J. White reiterated a Buy rating and $110.00 price target on
F5 NetworksFFIV
. In the report, Cantor Fitzgerald noted, “Down 15% thus far in 2013 versus a 27% increase in the S&P 500 Index, F5's stock has significantly underperformed the market, but we believe the company's fortunes are about to change. Despite delivering one of the best September quarter performances in our coverage universe and holding an upbeat analyst meeting a couple of weeks ago, the stock has been lackluster. F5 is scheduled to present at Cantor Fitzgerald's Inaugural Internet Conference on December 11 in NYC.” F5 Networks closed on Wednesday at $82.38.
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorReiterationAnalyst RatingsBrian J. WhiteCantor Fitzgerald
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...