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Cantor Fitzgerald Says Fortunes of F5 Networks Are About to Change

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In a report published Friday, Cantor Fitzgerald analyst Brian J. White reiterated a Buy rating and $110.00 price target on F5 Networks (NASDAQ: FFIV).

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.

Latest Ratings for FFIV

DateFirmActionFromTo
Sep 2019Initiates Coverage OnIn-Line
Sep 2019UpgradesNeutralOverweight
Aug 2019UpgradesUnderweightEqual-Weight

View More Analyst Ratings for FFIV
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Posted-In: Brian J. White Cantor FitzgeraldAnalyst Color Reiteration Analyst Ratings

 

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