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Exam Name : F5 ARX Configuring 5.x
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F5-Networks F5 test
contents
© provided by using Benzinga F5 Networks, Inc’s (NASDAQ: FFIV) boom targets seem too optimistic, with the market “all of a sudden transitioning to cloud-based architectures,” the place the company has a decrease share, in response to Goldman Sachs.
The F5 Networks Analyst: Rod hall downgraded F5 Networks from impartial to promote and reduced the expense goal from $191 to $a hundred sixty five.
CONSTELLATION brands, INC.
The F5 Networks Takeaways: youngsters the economic system is reopening, this gifts hazards to the company’s earnings momentum, which might influence in earnings falling in need of the consensus estimate, hall stated in the Tuesday downgrade notice.
Consensus expectations had been decreased, however not “as a lot as we believe is appropriate for application growth this 12 months,” the analyst spoke of.
“Given this and our view that F5 has benefited from far flung access spending, we accept as true with the stock is probably going to underperform the relaxation of our coverage in the short time period."
To develop into greater advantageous, Goldman Sachs would want to see utility increase reaccelerating to F5 Networks' goal latitude, or for consensus expectations to fall returned toward the Wall highway enterprise's forecast, he observed.
FFIV rate action: Shares of F5 Networks had declined through 4.02% to $177.ninety seven at the time of booklet Tuesday.
latest ratings for FFIV
Date
firm
action
From
To
Jun 2021
Goldman Sachs
Downgrades
impartialSell
Apr 2021
credit Suisse
continues
neutralApr 2021
Needham
keeps
buy
View extra Analyst scores for FFIV
View the latest Analyst ratings
© 2021 Benzinga.com. Benzinga doesn't deliver
funding counsel. All rights reserved.
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