Fortinet (FTNT) Tops Q3 EPS by 5c

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Go back to Fortinet (FTNT) Tops Q3 EPS by 5c

Fortinet (FTNT) PT Raised to $425 at Cowen

November 5, 2021 6:57 AM EDT

Cowen analyst Shaul Eyal raised the price target on Fortinet (NASDAQ: FTNT) to $425.00 (from $385.00) while maintaining an Outperform rating.

The analyst commented, "Strong 3Q Product growth of 51% y/y marks the highest rate in FTNT's history propelling new billings highs growth at... More