Form 8-K FORTINET INC For: Aug 01
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Fortinet (FTNT) PT Raised to $70 at Deutsche Bank
August 2, 2018 8:53 AM EDTDeutsche Bank raised its price target on Fortinet (NASDAQ: FTNT) to $70.00 (from $61.00) while maintaining a Hold rating.
Analyst Gray Powell commented, "FTNT reported pretty solid Q2 results beating billings estimates by 5% and revenue by ~3% (ex a higher-than-expected ASC 606 benefit) with operating income... More
