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Fly News Breaks for June 21, 2017
FTNT
Jun 21, 2017 | 07:01 EDT
Oppenheimer analyst Shaul Eyal said his checks with Fortinet resellers indicates that the "WannaCry" ransomware attack is elevating interest, though he doesn't believe that has materially converted into purchase orders just yet. The checks lead him to believe Fortinet is on track for an in-line quarter, assuming the usual back-end trends, added Eyal, who keeps an Outperform rating and $45 price target on the stock.
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