Piper Jaffray "Incrementally More Upbeat" on F5 Networks

Piper Jaffray is “incrementally more upbeat on F5 Networks, Inc. (NASDAQ: FFIV) given the recently launched Viprion 2400, potential for re-accelerating service provider revenues, couple with guidance that looks fairly conservative given normal seasonality and trends in the data center.”

“At Interop, F5 announced the new Viprion 2400, a midrange solution that should allow the company to better capture share in the SME market,” Piper Jaffray writes. “This new product cycle was a key talking point and F5 believes it potentially represents a bigger product cycle than the incumbent Viprion line.”

F5 Networks closed Friday at $104.64.