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F5 Networks (NASDAQ:FFIV) has been downgraded from Outperform to Mkt Perform in a statement by Bernstein earlier today.

Bernstein has downgraded F5 Networks (NASDAQ:FFIV) from Outperform to Mkt Perform in a report released on 11/30/2016.

Yesterday F5 Networks (NASDAQ:FFIV) traded 0.00% even at $142.81. The company’s 50-day moving average is $131.93 and its 200-day moving average is $122.12. The last closing price is up 16.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 782,095

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F5 Networks (NASDAQ:FFIV)

F5 Networks has a 52 week low of $86.03 and a 52 week high of $144.28 with a P/E ratio of 26.54 The company’s market cap is currently $0.

In addition to Bernstein reporting its target price, a total of 27 brokers have issued a report on the stock. The consensus target price is $110.96 with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 24 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About F5 Networks (NASDAQ:FFIV)

F5 Networks, Inc. is a developer and provider of software defined application services. The Company is engaged in the development, marketing and sale of application delivery networking products that optimize the security, performance and availability of network applications, servers and storage systems. The Company's geographical segments include the Americas (primarily the United States); Europe, the Middle East, and Africa (EMEA); Japan, and the Asia Pacific region (APAC). The Company's Traffic Management Operating System (TMOS) based offerings include software products for local and global traffic management, network and application security, access management, Web acceleration and various network and application services. These products are available as modules that can run individually or as part of an integrated solution on the Company's purpose-built BIG-IP appliances and VIPRION chassis-based hardware, or as software-only Virtual Editions.

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