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Fly News Breaks for June 19, 2018
FTNT
Jun 19, 2018 | 08:17 EDT
As reported previously, Cowen analyst Gregg Moskowitz downgraded Fortinet to Market Perform from Outperform. The analyst said the company remains well positioned in the network security space, but the historical execution has been inconsistent and he is uncertain as to whether the company can sustain its momentum going forward. Moskowitz raised his price target to $65 from $60 on Fortinet shares.
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