Jefferies increased its price target to $108.50 from $101 and set a "hold" rating. The firm said the company's June quarter numbers showed continued strong execution of product growth sales.
Cantor Fitzgerald increased its price target to $134, increased its estimates through 2015 and set a "buy" rating. The firm said the company is seeing higher growth across the board.
The stock was up 4.32% to $115.60 at 9:37 a.m.
Separately, TheStreet Ratings team rates F5 NETWORKS INC as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate F5 NETWORKS INC (FFIV) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and growth in earnings per share. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
You can view the full analysis from the report here: FFIV Ratings Report