F5 price target lowered to $336 from $352 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on F5 (FFIV) to $336 from $352 and keeps an Equal Weight rating on the shares. A “strong” fiscal Q4 is mitigated by lowered expectations to allow for some pause in purchasing due to the breach, the analyst tells investors. The firm views shares as being at “an attractive entry point,” but sees “little risk in waiting” until the change in calendar year to gather residual impacts, the analyst added in a post-earnings note.