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Tuesday, April 3, 2012

Stock Alert - F5 (FFIV +1.3%) makes new 52-week highs after Merrill's Tai Liani raises her PT to $145 - 4/3/12

F5 (FFIV +1.3%) makes new 52-week highs after Merrill's Tai Liani raises her PT to $145, arguing the maker of application delivery controller (ADC) switches will also benefit from Intel's Romley server CPU launch. Romley's integrated 10-Gig interfaces and ability to support extra virtual servers could lead to a greater need for F5's ADCs in cloud and virtualization environments, Liani argues, and so could mobile data demand.

F5 (FFIV) has resistance level is $140 and support level is $130.

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