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Fly News Breaks for October 19, 2018
FTNT
Oct 19, 2018 | 07:39 EDT
Wedbush analyst Daniel Ives initiated Fortinet with an Outperform rating and $100 price target, telling investors that with overall cyber security spending and budgets expected to steadily increase over the coming years given the sophisticated threat landscape facing enterprises and governments worldwide, he believes Fortinet is well positioned to be a net share gainer over the next few years and accelerate its product expansion and platform vision.
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