Nomura Initiates F5 Networks At Neutral

Nomura initiated coverage on

with a Neutral rating. The target price for F5 Networks is set to $118. F5 Networks shares have gained 14.94 percent over the past 52 weeks, while the S&P 500 index has surged 9.43 percent in the same period. F5 Networks' shares closed at $125.26 in after-hours trading.