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Barclays has raised its price target for F5, Inc. to $296 from $246 while maintaining an Equalweight rating. F5 specializes in network equipment, with net sales primarily from services (54.8%) and products (45.2%), and a geographical distribution that includes 52.8% from the United States.
F5, Inc. reported a strong quarterly performance with an EPS of $3.67, surpassing estimates, and revenue of $747 million, up 5.7% year-over-year. Following recent insider sales, analysts have adjusted price targets, with Barclays and Royal Bank of Canada raising theirs to $246 and $240, respectively. The company also announced a $1 billion stock repurchase plan, indicating confidence in its valuation.
F5, Inc.
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barclays raises f5 price target to 296 maintains equalweight rating
12:38 29.01.2025
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