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 ...
Fortinet’s services have become an increasingly large part of their business, making up 68% of total revenue in 2024.
Explore how Fortinet's focus on high-margin services, anticipated hardware upgrades, and strong capital allocation is driving ...
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 ...
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 ...
Morgan Stanley assumed coverage of Fortinet (FTNT) with an Overweight rating and $123 price target The firm’s price target and rating reflects ...
Fortinet’s stock price was down 3.6 percent to $80.65 a ... Fortinet CFO Keith Jensen said the current firewall recovery is also soon to be bolstered by a major refresh opportunity.
StockNews.com lowered shares of Fortinet (NASDAQ:FTNT – Free Report) from a buy rating to a hold rating in a research note released on Friday morning. Other analysts also recently issued reports about ...
Stock analysts at Scotiabank increased their FY2025 earnings estimates for Fortinet in a research report issued on Wednesday, ...