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Why F5 Stock Zoomed Almost 5% Higher Today

TheMotleyFool

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Why F5 Stock Zoomed Almost 5% Higher Today: https://g.foolcdn.com/editorial/images/870849/person-in-a-data-center-using-a-tablet-computer.jpg

F5 (NASDAQ: FFIV) stock was a nearly 5% gainer on the first trading day of the week. The application delivery and security specialist's equity rose after an analyst upgraded his recommendation on the company.

Well before market open, Evercore ISI's Amit Daryanani changed his F5 recommendation for the better, lifting it one peg to outperform (read: buy) from his previous in line (hold). He also raised his price target substantially, to $475 per share from $320.

Source Fool.com

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