Fortinet Earns Rigorous Common Criteria Certification, Further Solidifying Its Commitment to Protecting Public Sector Customers

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/22/2026

1. SPCX
2. NVDA
3. ACN
4. USO
5. DFTX
6. GOOGL
7. APGE
8. MU
9. HOOD
10. IBM

Go back to Fortinet Earns Rigorous Common Criteria Certification, Further Solidifying Its Commitment to Protecting Public Sector Customers

Needham & Company Raises Price Target on Fortinet (FTNT) Following 2Q Results

July 23, 2015 8:57 AM EDT

Needham & Company reiterated a Buy rating on Fortinet (NASDAQ: FTNT), and raised the price target to $54.00 (from $48.00), following 2Q results. Fortinets $240m revs and $0.11 EPS were well above $228m consensus revenue and $0.09 consensus EPS. Analyst Scott Zeller believes that the franchise is benefiting from overall strong secular IT spending... More

Baird Raises Price Target to $50 on Fortinet (FTNT) Following 2Q Results

July 23, 2015 8:25 AM EDT

Baird maintained a Neutral rating on Fortinet (NASDAQ: FTNT), and raised the price target to $50.00 (from $46.00), following 2Q results. FTNT reported non-GAAP EPS of $0.11 compared to consensus of $0.09. Management guided non-GAAP EPS to $0.12 versus consensus of $0.14. The company raised its F15 billings guidance to... More

FBR Capital Raises Price Target on Fortinet (FTNT) Following a 2Q Beat

July 23, 2015 7:41 AM EDT

FBR Capital reiterated an Outperform rating on Fortinet (NASDAQ: FTNT), and raised the price target to $52.00 (from $44.00), following its 2Q15 earnings report. Analyst Daniel Ives said that FTNT handily beat the Street on the top line, bottom line, and billings fronts. Total revenue of $239.8M was well above the Street's estimate of $227.6M. Pro forma EPS came in at $0.11, above the Streets $0.09 estimate. Total billings of $297.2M were above the... More