F5 Networks (FFIV) : Zacks Investment Research ranks F5 Networks (FFIV) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 21 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 26 research analysts is 2.77, which indicates as a Hold.
F5 Networks (FFIV) stock is expected to deviate a maximum of $14.37 from the average target price of $111.69 for the short term period. 16 Street Experts have initiated coverage on the stock with the most promising target being $145 and the most muted being $95.
F5 Networks (NASDAQ:FFIV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $112.11 and $110.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $113.89. The buying momentum continued till the end and the stock did not give up its gains. It closed at $113.79, notching a gain of 1.14% for the day. The total traded volume was 703,232 . The stock had closed at $112.51 on the previous day.
Also, Pacific Crest downgrades its view on F5 Networks (NASDAQ:FFIV) according to the research report released by the firm to its investors. The shares have now been rated Sector Weight by the stock experts at the ratings house. Earlier, the shares had a rating of Overweight. The rating by the firm was issued on May 17, 2016. The company shares have dropped -4.52% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $135.20 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $113.37 and the 200 Day Moving Average price is recorded at $101.72.
F5 Networks, Inc. is the developer and provider of application delivery services. The Companys core technology is a full-proxy, programmable, software platform called TMOS (Traffic Management Operating System). It helps organizations seamlessly scale cloud, data center, and software-defined networking deployments to successfully deliver applications to anyone, anywhere, at any time. It works with many technology companies to improve manageability, strengthen security, and ensure faster and more successful deployments. Its applications include availability and delivery. It can remove the roadblocks in ones network to efficiently and securely deliver applications that are available to users when and where they need them. It can also accelerate ones application response time, minimize latency and delays, and reduce the number of data round trips necessary to complete a web request.