Fortinet (FTNT) Tops Q1 EPS by 9c; Guides Above
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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