Deutsche Bank Securities Has A Buy Rating On FFIV
Deutsche Bank analysts believe that business trends of F5 Networks, Inc. (NASDAQ: FFIV) are at or ahead of plan in the current quarter. Its product, the BIG-IP is experiencing a major upgrade cycle and it has been successfully positioned for implementing high-availability and vmotion in Cloud rollouts.
F5 Networks, Inc. (FFIV) has a steady growth in revenue from its Viprion application, and the U.S. and developing Asia are the areas with the highest growth
Deutsche Bank analysts don't see a change in competitive outlook for FFIV, and they decided to keep a buy rating on this stock. Their price target for FFIV is $80.00. F5 Networks, Inc. (NASDAQ: FFIV) trades at $73.69 today, and it gained 2.50% so far.
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