Morgan Stanley Sticks to Its Hold Rating for F5 Networks (FFIV)

Morgan Stanley analyst Meta Marshall maintained a Hold rating on F5 Networks (FFIVResearch Report) today and set a price target of $205.00. The company’s shares closed last Wednesday at $149.43, close to its 52-week low of $147.47.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 5.5% and a 58.4% success rate. Marshall covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and Keysight Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for F5 Networks with a $212.08 average price target, which is a 45.8% upside from current levels. In a report released today, Piper Sandler also downgraded the stock to Hold with a $173.00 price target.

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F5 Networks’ market cap is currently $9.23B and has a P/E ratio of 26.38.

Based on the recent corporate insider activity of 132 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FFIV in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

F5 Networks, Inc. engages development and provision of software defined application services. It offers 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 was founded on February 26, 1996 and is headquartered in Seattle, WA.

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