Barclays raised the firm’s price target on F5 Networks (FFIV) to $296 from $246 and keeps an Equal Weight rating on the shares. The company’s December quarter results beat on strong Software and Systems, the analyst tells investors in a research note. The firm now models 6.3% sales growth for fiscal 2025, saying Systems and Software are both benefiting from an improved macro and solid execution.
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- F5 Networks Reports Strong Q1 2025 Earnings
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- F5 Networks up 13% at all-time high of $304.10 after Q1 earnings beat
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