Fortinet (FTNT) Reports In-Line Q4 EPS
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Needham & Company Reiterated Buy on Fortinet (FTNT) Despite Competitor Downgrades
January 29, 2016 6:53 AM ESTNeedham & Company reiterated a Buy rating and $43.00 price target on Fortinet (NASDAQ: FTNT) following the company's 4Q earnings report. The stock has fallen from $42 in November to current $26 level, based on macro fears on security spending, the mishandled communication of SeptQ Meru revenue contribution, and... More
