UPDATE: Goldman Sachs Lowers PT on F5 Networks on Weak F2QFY13 Results
April 05, 2013 at 11:56 AM EDT
In a report published Friday, Goldman Sachs analyst Kent Schofield reiterated a Buy rating on F5 Networks (NASDAQ: FFIV ), but lowered the price target from $111.00 to $98.00. In the report, Schofield noted, “F5 pre-announced F2QFY13 (March) results significantly below GSe/consensus estimates and previous guidance. It expects revenue to