JPMorgan upgraded Fortinet (NASDAQ: FTNT) from Neutral to Overweight with a price target of $54.00 (from $40.00).

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 $42.30 yesterday.

Hot Upgrades Upgrades

Needham & Company Raises Price Target on Fortinet (FTNT) Following 2Q Results July 23, 2015 8:57 AM Cybersecurity Peers on Watch Following Strong Q2 Results from Fortinet (FTNT) (FEYE) (CYBR)July 23, 2015 8:38 AM Baird Raises Price Target to $50 on Fortinet (FTNT) Following 2Q Results July 23, 2015 8:25 AM FBR Capital Raises Price Target on Fortinet (FTNT) Following a 2Q Beat July 23, 2015 7:41 AM Fortinet (FTNT) PT Bumped to $50 at Piper JaffrayJuly 23, 2015 7:21 AM Fortinet (FTNT) PT Lifted to $55 at Oppenheimer Amid Strong ResultsJuly 23, 2015 6:29 AM Fortinet (FTNT) Tops Q2 EPS by 2cJuly 22, 2015 4:16 PM Fortinet Reports Excellent Second Quarter 2015 Financial ResultsJuly 22, 2015 4:15 PM