Fortinet shares fall 8% after earnings

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Citi Reiterates Neutral Rating on Fortinet (FTNT)

November 12, 2024 4:48 AM EST

Citi analyst Fatima Boolani reiterated a Neutral rating and $76.00 price target on Fortinet (NASDAQ: FTNT)

The analyst comments "In the first analyst day in 2.5yrs, an updated revs, billings, OPM framework on a 3-year CAGR basis (judging by past posture) is top-of-mind for investors.... More