Morgan Keegan Starts Fortinet (FTNT) at Outperform, $40 Price Target

January 3, 2011 4:52 PM EST Send to a Friend
Get Alerts FTNT Hot Sheet
Price: $17.75 -1.5%

Rating Summary:
    12 Buy, 14 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 22
Trade FTNT Now!
An analyst at Morgan Keegan initiated coverage on Fortinet (NASDAQ: FTNT) with an Outperform rating and a $40 price target.

With the stock closing at $33.07 today, Morgan Keegan's new price target represents potential upside of about 21%.

For more ratings news on Fortinet click here and for the rating history of Fortinet click here.


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