Citi Reiterates Buy Rating on Fortinet (FTNT) after attending annual user/partner event

Citi analyst Fatima Boolani reiterated a Buy rating on Fortinet (NASDAQ: FTNT) after attending the annual user/partner event.

"FTNT diligently hoeing this road since 2018 has not only yielded reliable financials quality/execution, but which should sustain improving momentum (especially in this macro), against hotly-debated attainment of >20% profitable growth objectives, prompting us to reaffirm our Buy and Focus List-designation on this distinct GARP cybersecurity asset."

For an analyst ratings summary and ratings history on Fortinet click here. For more ratings news on Fortinet click here.

Shares of Fortinet closed at $65.97 yesterday.

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