UPDATE: Sterne Agee Lowers PT on F5 Networks on F2Q13 Results

In a report published Friday, Sterne Agee analyst Alex Kurtz reiterated a Buy rating on F5 Networks (NASDAQ: FFIV ), but lowered the price target from $118.00 to $95.00. In the report, Kurtz noted, “Difficult to fully judge the miss with limited data but we believe the out-year multiple will