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FTNT

Fortinet

$66.81

-0.09 (-0.13%)

09:33
07/19/18
07/19
09:33
07/19/18
09:33

Fortinet upgraded to Buy from Neutral at Cleveland Research

  • 01

    Aug

FTNT Fortinet
$66.81

-0.09 (-0.13%)

05/04/18
PIPR
05/04/18
NO CHANGE
Target $64
PIPR
Overweight
Fortinet price target raised to $64 from $57 at Piper Jaffray
Piper Jaffray analyst Andrew Nowinski raised his price target for Fortinet to $64 saying the company last night reported another solid quarter, with every metric exceeding guidance and consensus. The analyst believes Fortinet continues to take market share in the enterprise space. He reiterates an Overweight rating on the stock.
06/19/18
COWN
06/19/18
DOWNGRADE
COWN
Market Perform
Fortinet downgraded to Market Perform from Outperform at Cowen
06/19/18
COWN
06/19/18
DOWNGRADE
Target $65
COWN
Market Perform
Fortinet downgraded to Market Perform at Cowen
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.
06/29/18
CLVD
06/29/18
INITIATION
Target $68
CLVD
Neutral
Fortinet initiated with a Neutral at Cleveland Research
Cleveland Research initiated Fortinet with a Neutral and $68 price target.

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