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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 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.
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