Cowen Downgrades Fortinet (FTNT) to Underperform

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Oppenheimer Raises Price Target on Fortinet (FTNT) Following Late-Quarter Checks

July 7, 2015 6:38 AM EDT

Oppenheimer maintains an Outperform rating on Fortinet (NASDAQ: FTNT), and raised the price target to $50.00 (from $46.00), following late-quarteer checks. According to the checks, analyst Shaul Eyal, believes that results will exceed the high end of guidance.

"Eyal commented, We are raising our... More