BofA lowered the firm’s price target on F5 (FFIV) to $250 from $260 and keeps an Underperform rating on the shares. Management attributes its lower FY26 revenue growth guidance to the recent security breach, but the firm also flags tough comps for Systems sales and weak Software trends throughout the year as it reduces estimates following the company’s earnings report.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FFIV: