Borg, increased their price target on Fortinet stock ... The revision reflects Fortinet's potential in the forthcoming firewall refresh cycle. Currently trading at $104.72, near its 52-week ...

Stifel analysts increased their price target on Fortinet stock to $115, up from $103, reflecting Fortinet's potential in the forthcoming firewall refresh cycle and its ability to leverage cross ...

The growth opportunity in firewalls and other security ... prompted a plunge in the company’s stock price. Following the release of Fortinet’s second-quarter results on Aug. 3, shares in ...

The recent rally in Fortinet stock has brought its price-to-earnings ratio to 48 ... out that it is the leading vendor in the network firewall security market, citing third-party estimates ...

Fortinet’s stock price (ticker: FTNT ... However, Fortinet also saw a drop in firewall sales, which led the company’s third-quarter revenue to fall short of the analyst consensus estimate.

The price and performance enabled by Fortinet's ASICs has led to the adoption of its firewalls by the cloud hyperscalers. The importance of this dynamic isn't really clear given that Fortinet's ...