Fortinet (FTNT) Tops Q1 EPS by 9c; Guides Above
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Fortinet (FTNT) PT Raised to $65 at FBN Securities
May 4, 2018 11:21 AM EDTFBN Securities raised its price target on Fortinet (NASDAQ: FTNT) to $65.00 (from $60.00) while maintaining an Outperform rating following results.
Analyst Shebly Seyrafi commented, "We retain our Outperform rating on FTNT and raise our PT from $60 to $65. The company reported a FQ1 revenue and billings beat and is guiding in-line/above consensus for FQ2. We are particularly impressed by the acceleration in product revenue growth to 6% Y/Y from 2%... More
Fortinet (FTNT) PT Raised to $59 at RBC Capital
May 4, 2018 8:38 AM EDTRBC Capital raised its price target on Fortinet (NASDAQ: FTNT) to $59.00 (from $55.00) while maintaining a Sector Perform rating.
... More