Investors are missing the broad strength of F5 Networks and a recent pullback has created a buying opportunity, according to Credit Suisse.
The stock has struggled since the network security company’s most recent earnings report in late April, with shares falling more than 8% and Wall Street analysts raising concern about software growth.
Analyst Sami Badri upgraded the stock to overweight from neutral, saying in a note to clients on Thursday that a recent conversation with management had increased Credit Suisse’s confidence in the direction of F5.
