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F5 Networks price target raised to $310 from $262 at Morgan Stanley

Morgan Stanley analyst Meta Marshall raised the firm’s price target on F5 Networks (FFIV) to $310 from $262 and keeps an Equal Weight rating on the shares. F5 posted “meaningful” Q1 upside, and the AI story “could become compelling” in coming quarters, though the firm would like to get a greater sense for the hardware trajectory before moving to Overweight, the analyst tells investors.

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