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UPDATE: Morgan Stanley Reiterates On F5 Networks On FQ4 Preview

By Insider Scoop
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Courtesy of Benzinga.

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In a report published Tuesday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on F5 Networks (NASDAQ: FFIV), and named a $113.00 price target.

In the report, Morgan Stanley noted, “Checks indicated slow summer months after a strong June quarter, but with activity picking up in the last part of the quarter we believe F5’s enterprise business was OK in September and is setting up well for the December quarter.”

F5 Networks closed on Monday at $109.11.

Latest Ratings for FFIV

Date Firm Action From To
Oct 2014 Credit Suisse Initiates Coverage on Outperform
Oct 2014 Morgan Stanley Maintains Equal-weight
Oct 2014 Bank of America Maintains Neutral

View More Analyst Ratings for FFIV
View the Latest Analyst Ratings

Posted-In: James E. Faucette Morgan StanleyAnalyst Color Price Target Analyst Ratings

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