Fortinet (FTNT) PT Raised to $59 at RBC Capital
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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 $64 at UBS
May 4, 2018 8:35 AM EDTUBS raised its price target on Fortinet (NASDAQ: FTNT) to $64.00 (from $62.00) while maintaining a Buy rating.
... MoreFortinet (FTNT): Consistent Outperformance, PT To $64 - Piper Jaffray
May 4, 2018 8:07 AM EDTPiper Jaffray analyst, Andrew Nowinski, reiterated his Overweight rating on shares of Fortinet (NASDAQ: FTNT) and raised his price target of $64 from $57 after the company reported another solid quarter, with every metric exceeding guidance and consensus. Management also raised FY18... More
Fortinet (FTNT) PT Raised to $60 at Stifel
May 4, 2018 7:19 AM EDTStifel raised its price target on Fortinet (NASDAQ: FTNT) to $60.00 (from $46.00) while maintaining a Hold rating.
... MoreFortinet (FTNT) PT Raised to $61 at Susquehanna
May 4, 2018 7:16 AM EDTSusquehanna raised its price target on Fortinet (NASDAQ: FTNT) to $61.00 (from $59.00) while maintaining a Neutral rating.
... MoreFortinet (FTNT) PT Raised to $55 at Morgan Stanley
May 4, 2018 6:46 AM EDTMorgan Stanley raised its price target on Fortinet (NASDAQ: FTNT) to $55.00 (from $53.00) while maintaining a Equalweight rating.
... MoreFortinet (FTNT) PT Raised to $64 at BofA/Merrill Lynch
May 4, 2018 6:41 AM EDTBofA/Merrill Lynch raised its price target on Fortinet (NASDAQ: FTNT) to $64.00 (from $63.00) while maintaining a Buy rating.
... MoreFortinet (FTNT) PT Raised to $67 at Oppenheimer
May 4, 2018 6:18 AM EDTOppenheimer raised its price target on Fortinet (NASDAQ: FTNT) to $67.00 (from $60.00) while maintaining a Outperform rating.
... MoreFortinet (FTNT) PT Raised to $58 at Stephens
May 4, 2018 6:07 AM EDTStephens raised its price target on Fortinet (NASDAQ: FTNT) to $58.00 (from $55.00) while maintaining a Equal Weight rating.
... MoreFortinet (FTNT) PT Raised to $53 at Evercore ISI
May 4, 2018 4:25 AM EDTEvercore ISI raised its price target on Fortinet (NASDAQ: FTNT) to $53.00 (from $47.00) while maintaining a In Line rating.
... MoreFortinet (FTNT) PT Raised to $63 at Barclays
May 4, 2018 4:15 AM EDTBarclays raised its price target on Fortinet (NASDAQ: FTNT) to $63.00 (from $55.00) while maintaining a Equalweight rating.
... MoreFortinet (FTNT) PT Raised to $61 at BMO Capital
May 4, 2018 3:40 AM EDTBMO Capital raised its price target on Fortinet (NASDAQ: FTNT) to $61.00 (from $58.00) while maintaining a Outperform rating.
... MoreFortinet (FTNT) PT Raised to $61 at Deutsche Bank
May 4, 2018 2:57 AM EDTDeutsche Bank raised its price target on Fortinet (NASDAQ: FTNT) to $61.00 (from $47.00) while maintaining a Hold rating.
... MoreFortinet (FTNT) PT Raised to $64 at Piper Jaffray
May 4, 2018 2:39 AM EDTPiper Jaffray raised its price target on Fortinet (NASDAQ: FTNT) to $64.00 (from $57.00) while maintaining a Overweight rating.
... MoreFortinet (FTNT) Tops Q1 EPS by 9c; Guides Above
May 3, 2018 4:27 PM EDTFortinet (NASDAQ: FTNT) reported Q1 EPS of $0.33, $0.09 better than the analyst estimate of $0.24. Revenue for the quarter came in at $399 million versus the consensus estimate of $390.36 million.
GUIDANCE:
Fortinet sees Q2 2018 EPS of $0.34-$0.36, versus the consensus of $0.34. Fortinet sees Q2... More
