UPDATE: McAdams Wright Ragen Lowers PT on F5 Networks on Q2 Miss
April 05, 2013 at 12:13 PM EDT
In a report published Friday, McAdams Wright Ragen analyst Sid Parakh reiterated a Buy rating on F5 Networks (NASDAQ: FFIV ), but lowered the price target from $110.00 to $100.00. In the report, Parakh noted, “Preliminary Q2 results fell well short of our estimates and company guidance―revenue of $350.2 million