Needham analyst Alex Henderson reiterated a Buy and $303 price target on F5, Inc (NASDAQ: FFIV). F5 was careful not to update conditions post its last earnings call, but he sensed that demand was vital for Security and Systems. Supply remains a significant constraint and has not improved materially, but it seems there was improvement at the margin. F5 highlights solid redesign progress, which should start to help in the FY1Q/CY4Q quarter and ramp across FY23. Also Read: AI 'Transformed' This Net
Cisco has urged shareholders to vote against a tax transparency proposal at its annual general meeting as pressure mounts on large US tech companies to be more open about their finances. Cisco is the second US tech company to put country-by-country tax reporting measures to an investor vote, following Amazon’s unsuccessful attempt to block a similar resolution earlier this year. “Having seen Amazon try to throw out our proposal, it is pleasing to see Cisco accept the need to put this to a vote,” said Gerald Cooney, chair of the Greater Manchester Pension Fund, one of three investors to file a resolution calling for Cisco to release a tax transparency report prepared under the Global Reporting Initiative’s tax standard.
If you’re looking for dividend stocks to buy and hold forever, a good place to start is companies that have done an excellent job increasing their dividends and are expected to keep doing so in the future. While the first place to look for such names should logically be a list of S&P 500 Dividend Aristocrats, I widened the search to the S&P 1500. That way, I had three times more stocks to choose from, giving me a much better chance of finding special dividend stocks that deliver income and capit