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Fly News Breaks for January 29, 2016
FTNT
Jan 29, 2016 | 05:55 EDT
JPMorgan analyst Sterling Auty says Fortinet's Q4 results show the company is still gaining market share and that its margins are "finally set to expand." Following the recent selloff in shares, the quarter should bring a "welcomed lift," Auty tells investors in a post-earnings research note. He thinks Fortinet is now the most attractive security stock and keeps an Overweight rating on the name with a $54 price target.
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