Market Overview

Communications Equipment Market is Healthy; F5, Aruba Gain

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Related FFIV
F5 Networks Downgraded At Piper Jaffray; Stock Is Fairly Valued
Piper Jaffray Downgrades F5 Networks To Neutral
F5 -2.4% on Piper downgrade (Seeking Alpha)
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Shares of F5 Networks (NASDAQ: FFIV) and Aruba Networks (NASDAQ: ARUN) are up 2.1 and 2.8 percent respectively, following some bullish comments from Wells Fargo on the sector.

Conversations between analyst Jess Lubert and her industry contacts reveal companies have pent-up demand for communications equipment and expect to meet or exceed first quarter needs.

While feedback for F5 Networks and Aruba were mostly positive, feedback on Cisco and Polycom was “more mixed,” said Lubert.

Latest Ratings for FFIV

DateFirmActionFromTo
Jun 2015Piper JaffrayDowngradesOverweightNeutral
Jun 2015Piper JaffrayDowngradesOverweightNeutral
Jun 2015NomuraInitiates Coverage onNeutral

View More Analyst Ratings for FFIV
View the Latest Analyst Ratings

Posted-In: Jess Lubert Wells FargoAnalyst Color Analyst Ratings Tech

 

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