Morgan Stanley Believes Valuation Reflects Product Portfolio Expansion For F5 Networks

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In a report published Thursday, Morgan Stanley analyst James E. Faucette reiterated an Equal-Weight rating on
F5 NetworksFFIV
. In the report, Morgan Stanley noted, “F5's growth continues to be driven by their expanding security portfolio. 3Q performance exceeded expectations based on strong security sales as well as the continued success of the new ‘Good, Better, Best' sales model.” F5 Networks closed on Wednesday at $110.81.
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Posted In: Analyst ColorReiterationAnalyst RatingsJames E. FaucetteMorgan Stanley
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