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Fly News Breaks for February 6, 2018
FTNT
Feb 6, 2018 | 08:57 EDT
RBC Capital analyst Dan Bergstrom raised his price target on Fortinet to $46 after Q4 earnings and Q1 guidance, saying the outlook should position the stock to work even though it received a boost from a share repurchase and a lower tax rate. The analyst keeps his Sector Perform rating on Fortinet, adding that he came away from the earnings " feeling better about the mix-shift and potential for better execution in 2018".
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