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F5 price target raised to $292 from $283 at Barclays

Barclays raised the firm’s price target on F5 (FFIV) to $292 from $283 and keeps an Equal Weight rating on the shares. The company reported a fiscal Q2 beat on both systems and software revenue, as software sees some “green shoots” and hardware keeps taking market share, the analyst tells investors in a research note. The firm increased estimates for F5 post the earnings report.

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