Wunderlich Securities upgraded Fortinet (NASDAQ: FTNT) from Hold to Buy with a price target of $28.00, following results after the close and the subsequent sell-off.

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

Upgrades

Nomura Securities Cuts Price Target on Fortinet (FTNT) after Results, Keeps Buy RatingOctober 17, 2012 8:48 AM UPDATE: Fortinet, Inc. (FTNT) Reports In-Line Q3 EPS of 14c, Guidance Causes ConcernOctober 16, 2012 4:15 PM