Breaking News Instant updates and real-time market news.

FTNT

Fortinet

$42.22

0.27 (0.64%)

05:02
12/12/17
12/12
05:02
12/12/17
05:02

Fortinet downgraded to Neutral from Overweight at JPMorgan

JPMorgan analyst Sterling Auty downgraded Fortinet to Neutral and lowered his price target for the shares to $50 from $53 in conjunction with his 2018 annual outlook for Software Technology. The analyst does not expect the "exceptional performance" in Software during 2017 to repeat in 2018. As such, he's moderating his bullish outlook into next year.

  • 12

    Dec

  • 17

    Jan

FTNT Fortinet
$42.22

0.27 (0.64%)

10/18/17
DBAB
10/18/17
NO CHANGE
Target $114
DBAB
Buy
Proofpoint price target raised to $114 from $100 at Deutsche Bank
Deutsche Bank analyst Gray Powell raised his price target for Proofpoint (PFPT) shares to $114 after taking over coverage from Karl Keirstead. The analyst this morning also upgraded Fortinet (FTNT) to Buy. He believes Proofpoint is "uniquely positioned" in the cybersecurity space and "highly differentiated" relative to peers. The analyst reiterates a Buy rating on the shares.
11/14/17
DBAB
11/14/17
NO CHANGE
DBAB
Deutsche cautious on firewall demand after field work
Deutsche Bank analysts Karl Keirstead and Gray Powell are "incrementally more cautious" on Check Point (CHKP), Fortinet (FTNT) and Palo Alto Networks (PANW) after doing some field work in the network security space. The consensus view of resellers was that traditional firewall demand is "stable at best, and more likely weakening," the analysts tell investors in a research note. The channel work suggests the disappointing Q4 guidance from Check Point and Fortinet may not be company-specific, and raise the risk level for Palo Alto's earnings report next week, they contend. Keirstead and Powell do not see any significant signs of recovery in product revenue growth at the main network security vendors in the first half of 2018. They add that their channel work is positive for email security and Proofpoint (PFPT).
11/20/17
JPMS
11/20/17
NO CHANGE
JPMS
Overweight
Palo Alto quarter positive for Check Point, Fortinet, says JPMorgan
JPMorgan analyst Sterling Auty says Palo Alto Networks' (PANW) October quarter beat and guidance raise, despite showing market share gains, is good for the overall network security market, specifically Check Point Software (CKHP) and Fortinet (FTNT). The results prove investor concerns over the shift to the cloud have been overdone, Auty tells investors in a research note. In after-hours trading, Palo Alto is trading up 7% to $152.20 while Fortinet is up 23c to $41.00.
11/21/17
BMOC
11/21/17
NO CHANGE
Target $170
BMOC
Market Perform
Palo Alto Networks price target raised to $170 from $160 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on Palo Alto Networks (PANW) to $170 after Q2 earnings that showed above-peer 14% product revenue growth. Bachman says the better than expected results were due to a "broadening revenue portfolio, improved go-to-market execution, and product upgrade cycle". The analyst keeps his Market Perform rating on Palo Alto, saying the results may not lessen investors' uncertainty around the durable growth rates in perimeter defense in the wake of weak results/guidance from CheckPoint (CHKP), Fortinet (FTNT), and FireEye (FEYE).

TODAY'S FREE FLY STORIES

EEM

MSCI Emerging Markets Index

$43.97

0.64 (1.48%)

07:44
07/23/18
07/23
07:44
07/23/18
07:44
Technical Analysis
MSCI Emerging Markets Index: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BWA

BorgWarner

$44.37

-0.66 (-1.47%)

07:44
07/23/18
07/23
07:44
07/23/18
07:44
Recommendations
BorgWarner analyst commentary  »

BorgWarner price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Jul

  • 18

    Sep

MPWR

Monolithic Power

$140.71

-1.05 (-0.74%)

07:44
07/23/18
07/23
07:44
07/23/18
07:44
Conference/Events
Monolithic Power management to meet with Oppenheimer »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

  • 26

    Jul

  • 30

    Jul

  • 14

    Aug

LITE

Lumentum

$54.35

-5.05 (-8.50%)

, AAPL

Apple

$191.29

-0.66 (-0.34%)

07:43
07/23/18
07/23
07:43
07/23/18
07:43
Recommendations
Lumentum, Apple analyst commentary  »

Lumentum price target…

LITE

Lumentum

$54.35

-5.05 (-8.50%)

AAPL

Apple

$191.29

-0.66 (-0.34%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    Jul

EWW

iShares MSCI Mexico

$50.47

0.37 (0.74%)

07:43
07/23/18
07/23
07:43
07/23/18
07:43
Technical Analysis
iShares MSCI Mexico: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AMRX

Amneal Pharmaceuticals

$18.52

0.03 (0.16%)

07:43
07/23/18
07/23
07:43
07/23/18
07:43
Initiation
Amneal Pharmaceuticals initiated  »

Amneal Pharmaceuticals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Aug

LAZ

Lazard

$50.83

-0.09 (-0.18%)

07:43
07/23/18
07/23
07:43
07/23/18
07:43
Conference/Events
Lazard management to meet with Sandler O'Neill »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Jul

  • 30

    Jul

  • 31

    Jul

UUP

PowerShares DB US Dollar Index Up

$24.95

-0.21 (-0.83%)

07:43
07/23/18
07/23
07:43
07/23/18
07:43
Technical Analysis
PowerShares DB US Dollar Index Up: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CMI

Cummins

$135.81

-1.93 (-1.40%)

07:42
07/23/18
07/23
07:42
07/23/18
07:42
Recommendations
Cummins analyst commentary  »

Cummins price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UDN

PowerShares DB US Dollar Index Down

$21.49

(0.00%)

07:42
07/23/18
07/23
07:42
07/23/18
07:42
Technical Analysis
PowerShares DB US Dollar Index Down: Pivot points »

The following are the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BIIB

Biogen

$358.72

0.55 (0.15%)

07:42
07/23/18
07/23
07:42
07/23/18
07:42
Conference/Events
Biogen management to meet with Piper Jaffray »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jul

  • 25

    Jul

  • 30

    Jul

  • 31

    Jul

07:41
07/23/18
07/23
07:41
07/23/18
07:41
General news
Futures weak amid Iran tension »

Stock futures are…

IMAX

Imax

$22.70

-0.15 (-0.66%)

07:41
07/23/18
07/23
07:41
07/23/18
07:41
Conference/Events
Imax management to meet with B. Riley FBR »

Meeting to be held in CT/…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

  • 27

    Jul

  • 06

    Sep

FB

Facebook

$209.95

1.87 (0.90%)

07:39
07/23/18
07/23
07:39
07/23/18
07:39
Recommendations
Facebook analyst commentary  »

JPMorgan positive on…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

  • 18

    Sep

SALT

Scorpio Bulkers

$7.20

0.05 (0.70%)

07:39
07/23/18
07/23
07:39
07/23/18
07:39
Earnings
Scorpio Bulkers reports Q2 EPS 1c, consensus 3c »

Reports Q revenue $60.6M,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Jul

  • 01

    Aug

  • 01

    Oct

DLPH

Delphi Technologies

$44.78

-0.355 (-0.79%)

07:38
07/23/18
07/23
07:38
07/23/18
07:38
Upgrade
Delphi Technologies rating change  »

Delphi Technologies…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Aug

BEP

Brookfield Renewable

$30.58

0.34 (1.12%)

07:37
07/23/18
07/23
07:37
07/23/18
07:37
Conference/Events
Brookfield Renewable management to meet with RBC Capital »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Jul

  • 03

    Aug

LECO

Lincoln Electric

$92.26

0.64 (0.70%)

07:36
07/23/18
07/23
07:36
07/23/18
07:36
Earnings
Lincoln Electric reports Q2 adj. EPS $1.22, consensus $1.22 »

Reports Q2 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Jul

QCOM

Qualcomm

$58.62

-0.7 (-1.18%)

07:36
07/23/18
07/23
07:36
07/23/18
07:36
Hot Stocks
Qualcomm introduces 5G NR millimeter wave, sub-6 GHz RF modules »

Qualcomm Technologies, a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jul

HON

Honeywell

$153.17

5.6 (3.79%)

07:35
07/23/18
07/23
07:35
07/23/18
07:35
Recommendations
Honeywell analyst commentary  »

Honeywell remains a top…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BAC

Bank of America

$30.12

0.46 (1.55%)

, GE

General Electric

$13.11

-0.62 (-4.52%)

07:35
07/23/18
07/23
07:35
07/23/18
07:35
Options
Unusual call flow in option market yesterday »

Notable call activity was…

BAC

Bank of America

$30.12

0.46 (1.55%)

GE

General Electric

$13.11

-0.62 (-4.52%)

AMD

AMD

$16.49

-0.22 (-1.32%)

GOOGL

Alphabet Class A

$1,198.05

-1.21 (-0.10%)

F

Ford

$10.56

-0.115 (-1.08%)

QCOM

Qualcomm

$58.62

-0.7 (-1.18%)

CLF

Cleveland-Cliffs

$9.95

1.12 (12.68%)

HES

Hess Corp.

$64.05

-0.45 (-0.70%)

BSX

Boston Scientific

$33.77

0.06 (0.18%)

CWH

Camping World

$24.68

-0.17 (-0.68%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Jul

  • 25

    Jul

  • 25

    Jul

  • 25

    Jul

  • 25

    Jul

  • 25

    Jul

  • 14

    Aug

  • 15

    Aug

  • 15

    Aug

  • 18

    Sep

STIM

Neuronetics

$26.27

-0.44 (-1.65%)

07:34
07/23/18
07/23
07:34
07/23/18
07:34
Initiation
Neuronetics initiated  »

Neuronetics initiated…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CCRC

China Customer Relations Centers

$8.61

-0.46 (-5.07%)

07:33
07/23/18
07/23
07:33
07/23/18
07:33
Hot Stocks
China Customer Relations Centers not aware of reasons for recent volatility »

China Customer Relations…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LPTX

Leap Therapeutics

$8.29

-0.23 (-2.70%)

, MKGAY

Merck KGaA

$0.00

(0.00%)

07:33
07/23/18
07/23
07:33
07/23/18
07:33
Hot Stocks
Leap Therapeutics announces collaboration with Merck KGaA, Pfizer »

Leap Therapeutics (LPTX)…

LPTX

Leap Therapeutics

$8.29

-0.23 (-2.70%)

MKGAY

Merck KGaA

$0.00

(0.00%)

PFE

Pfizer

$37.33

-0.03 (-0.08%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Aug

  • 10

    Sep

BLKB

Blackbaud

$117.74

1.31 (1.13%)

07:33
07/23/18
07/23
07:33
07/23/18
07:33
Initiation
Blackbaud initiated  »

Blackbaud initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 31

    Jul

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.