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Fly News Breaks for November 15, 2016
FTNT
Nov 15, 2016 | 08:07 EDT
As previously reported, Morgan Stanley upgraded Fortinet to Overweight from Equal Weight and a $39 price target. Analyst Melissa Gorham is mover constructive on Fortinet heading into FY17 given the stable demand environment, free cash flow generation, easier comps, and more durable renewals.
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