F5 Networks (FFIV) : 24 analysts are covering F5 Networks (FFIV) and their average rating on the stock is 2.67, which is read as a Hold. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 18 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
F5 Networks (FFIV) : Average target price received by F5 Networks (FFIV) is $124.5 with an expected standard deviation of $15.2. The most aggressive target on the stock is $155, whereas the most downbeat target is $108. 14 financial analysts are currently covering the stock.
Also, DA Davidson maintains 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 Buy by the stock experts at the ratings house. DA Davidson raises the price target from $125.34 per share to $145 per share on F5 Networks . The rating by the firm was issued on August 12, 2016.
F5 Networks (NASDAQ:FFIV): After opening at $117.77, the stock dipped to an intraday low of $117.02 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $119.65 and the buying power remained strong till the end. The stock closed at $119.02 for the day, a gain of 0.92% for the day session. The total traded volume was 568,718. The stocks close on the previous trading day was $117.94.
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.