Morgan Stanley Reaffirms Their Hold Rating on F5, Inc. (FFIV)
Morgan Stanley analyst Meta Marshall maintained a Hold rating on F5, Inc. today and set a price target of $380.00.
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According to TipRanks, Marshall is a 4-star analyst with an average return of 4.5% and a 56.08% success rate. Marshall covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Lumentum Holdings, and Coherent Corp.
F5, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $400.86.
Based on F5, Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $811.7 million and a net profit of $147.76 million. In comparison, last year the company earned a revenue of $731.12 million and had a net profit of $145.53 million
Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FFIV in relation to earlier this year. Earlier this month, Francois Locoh-Donou, the Pres, CEO & Dir of FFIV sold 3,743.00 shares for a total of $1,263,106.29.
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