Piper Sandler Maintains Neutral on F5, Raises Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish maintains a Neutral rating on F5 (NASDAQ:FFIV) but raises the price target from $186 to $246.
October 29, 2024 | 12:12 pm
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Piper Sandler has maintained a Neutral rating on F5 but increased the price target significantly from $186 to $246, indicating a more positive outlook.
The increase in price target from $186 to $246 suggests that the analyst sees potential for growth in F5's stock price, despite maintaining a Neutral rating. This could lead to a positive short-term impact on the stock as investors may interpret the higher price target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100