2024-01-31 14:50:32 ET
Summary
- I upgraded to buy due to positive signs of enterprise spending normalization and potential for beating guidance.
- The strong 1Q24 performance and enterprise demand trend indicate potential growth and beating of FY24 guidance.
- FFIV is well-positioned to capitalize on the AI trend and provide distributed cloud services, contributing to a bullish outlook in the medium term.
Investment action
Read the full article on Seeking Alpha
For further details see:
F5, Inc.: Rating Upgrade As There Are Signs Of Enterprise Spending Coming Back Online