Juniper Networks shares drop 3.07% ending two-day gain streak
NEW YORK - In the midst of a mixed trading session on Thursday, shares of Juniper Networks Inc (NYSE:JNPR). experienced a notable decline, breaking their two-day upward trend. The...
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Fortinet News & Analysis
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Nasdaq Futures Edge Lower Following Results from Cisco , Palo Alto Networks
Nasdaq Futures Edge Lower Following Results from Cisco (NASDAQ:CSCO), Palo Alto Networks (NASDAQ:PANW)CSCO -9%PANW -9%PANW PeersCrowdStrike Holdings Inc. (NASDAQ:CRWD)Zscaler (NASDAQ:ZS)...
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Goldman Sachs maintains Fortinet at 'buy' with a price target of $60.00
An analyst from Goldman Sachs maintained Fortinet (NASDAQ: FTNT) at 'buy' with a price target of $60.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had...
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DZ Bank maintains Fortinet at 'hold' with a price target of $50.00
An analyst from DZ Bank maintained Fortinet (NASDAQ: FTNT) at 'hold' with a price target of $50.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had 20...
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Barclays maintains Fortinet at 'equalweight' with a price target of $50.00
An analyst from Barclays maintained Fortinet (NASDAQ: FTNT) at 'equalweight' with a price target of $50.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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HSBC downgrades Fortinet to 'hold' with a price target of $49.00
An analyst from HSBC downgraded Fortinet (NASDAQ: FTNT) from 'buy' to 'hold' with a price target of $49.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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BofA Securities maintains Fortinet at 'buy' with a price target of $65.00
An analyst from BofA Securities maintained Fortinet (NASDAQ: FTNT) at 'buy' with a price target of $65.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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Wells Fargo maintains Fortinet at 'overweight' with a price target of $60.00
An analyst from Wells Fargo maintained Fortinet (NASDAQ: FTNT) at 'overweight' with a price target of $60.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Morgan Stanley maintains Fortinet at 'overweight' with a price target of $60.00
An analyst from Morgan Stanley maintained Fortinet (NASDAQ: FTNT) at 'overweight' with a price target of $60.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Scotiabank maintains Fortinet at 'sector outperform' with a price target of $52.00
An analyst from Scotiabank maintained Fortinet (NASDAQ: FTNT) at 'sector outperform' with a price target of $52.00 from a prior price target of %currency%%price%. Prior to this rating,...
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TD Cowen maintains Fortinet at 'market perform' with a price target of $60.00
An analyst from TD Cowen maintained Fortinet (NASDAQ: FTNT) at 'market perform' with a price target of $60.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Truist Securities maintains Fortinet at 'buy' with a price target of $60.00
An analyst from Truist Securities maintained Fortinet (NASDAQ: FTNT) at 'buy' with a price target of $60.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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Rosenblatt maintains Fortinet at 'buy' with a price target of $65.00
An analyst from Rosenblatt maintained Fortinet (NASDAQ: FTNT) at 'buy' with a price target of $65.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had 25...
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Baird maintains Fortinet at 'outperform' with a price target of $68.00
An analyst from Baird maintained Fortinet (NASDAQ: FTNT) at 'outperform' with a price target of $68.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had...
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BMO Capital maintains Fortinet at 'market perform' with a price target of $56.00
An analyst from BMO Capital maintained Fortinet (NASDAQ: FTNT) at 'market perform' with a price target of $56.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Mizuho Securities maintains Fortinet at 'neutral' with a price target of $50.00
An analyst from Mizuho Securities maintained Fortinet (NASDAQ: FTNT) at 'neutral' with a price target of $50.00 from a prior price target of %currency%%price%. Prior to this rating,...
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RBC Capital maintains Fortinet at 'sector perform' with a price target of $55.00
An analyst from RBC Capital maintained Fortinet (NASDAQ: FTNT) at 'sector perform' with a price target of $55.00 from a prior price target of %currency%%price%. Prior to this rating,...
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Piper Sandler maintains Fortinet at 'neutral' with a price target of $50.00
An analyst from Piper Sandler maintained Fortinet (NASDAQ: FTNT) at 'neutral' with a price target of $50.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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Oppenheimer downgrades Fortinet to 'perform'
An analyst from Oppenheimer downgraded Fortinet (NASDAQ: FTNT) from 'outperform' to 'perform' . Prior to this rating, Fortinet had 25 buy ratings, 15 hold ratings, and 0 sell...
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William Blair downgrades Fortinet to 'market perform'
An analyst from William Blair downgraded Fortinet (NASDAQ: FTNT) from 'outperform' to 'market perform' . Prior to this rating, Fortinet had 25 buy ratings, 15 hold ratings, and 0 sell...
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Evercore ISI Downgrades Fortinet to In Line, 'Transformation Carries NT Execution Risk'
(Updated - November 3, 2023 4:03 AM EDT) Analysts at Evercore ISI downgraded Fortinet (NASDAQ:FTNT) from Outperform to In Line with a price target of $51.00 (from $78.00).The analysts...
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JPMorgan Downgrades Fortinet to Neutral, 'unfavorable risk-reward'
(Updated - November 3, 2023 4:01 AM EDT) JPMorgan analysts downgraded Fortinet (NASDAQ:FTNT) from Overweight to Neutral with a price target of $52.00 (from $67.00).The analysts comment...
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Cantor Fitzgerald downgrades Fortinet to 'neutral' with a price target of $50.00
An analyst from Cantor Fitzgerald downgraded Fortinet (NASDAQ: FTNT) from 'overweight' to 'neutral' with a price target of $50.00 from a prior price target of %currency%%price%. Prior to...
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Fortinet's Q4 forecast misses expectations following Q3 results
Fortinet (NASDAQ:FTNT) Inc., the cybersecurity company, is still grappling with the aftermath of a 17% share drop after its Q3 results and Q4 forecasts fell short of expectations. This...
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Stifel downgrades Fortinet to 'hold' with a price target of $52.00
An analyst from Stifel downgraded Fortinet (NASDAQ: FTNT) from 'buy' to 'hold' with a price target of $52.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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After-hours movers: Block gains following results, Bill.com sinks
After-Hours Stock Movers:Bill.com (BILL) 33% LOWER; reported Q1 EPS of $0.54, $0.04 better than the analyst estimate of $0.50. Revenue for the quarter came in at $305 million versus the...
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Fortinet plunges 18% on lowered full-year guidance
Fortinet’s (FTNT) fourth quarter forecasts for billings and revenue fell short of the average analyst estimate, pushing shares sharply lower in after-hours trade on Thursday.For the upcoming...
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Fortinet earnings beat by $0.05, revenue fell short of estimates
Investing.com - Fortinet (NASDAQ: FTNT) reported third quarter EPS of $0.41, $0.05 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.33B versus the consensus...
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Fortinet strengthens India commitment, opens 2 new data centres
New Delhi, Oct 31 (IANS) Strengthening its commitment to India, global cybersecurity company Fortinet on Tuesday announced two dedicated data centres to expand the reach and availability of...
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Jefferies maintains Fortinet at 'hold' with a price target of $60.00
An analyst from Jefferies maintained Fortinet (NASDAQ: FTNT) at 'hold' with a price target of $60.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had 25...
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JPMorgan maintains Fortinet at 'overweight' with a price target of $67.00
An analyst from JPMorgan maintained Fortinet (NASDAQ: FTNT) at 'overweight' with a price target of $67.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet...
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Needham & Company initiates coverage of Fortinet at 'hold'
An analyst from Needham & Company initiated coverage of Fortinet (NASDAQ: FTNT) at 'hold' . Prior to this rating, Fortinet had 25 buy ratings, 13 hold ratings, and 0 sell...
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Goldman Sachs maintains Fortinet at 'buy' with a price target of $70.00
An analyst from Goldman Sachs maintained Fortinet (NASDAQ: FTNT) at 'buy' with a price target of $70.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had...
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Baird maintains Fortinet at 'outperform' with a price target of $77.00
An analyst from Baird maintained Fortinet (NASDAQ: FTNT) at 'outperform' with a price target of $77.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had...
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Rosenblatt maintains Fortinet at 'buy' with a price target of $75.00
An analyst from Rosenblatt maintained Fortinet (NASDAQ: FTNT) at 'buy' with a price target of $75.00 from a prior price target of %currency%%price%. Prior to this rating, Fortinet had 25...
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Software environment remains challenged but Jefferies increasingly positive on high-growth platforms
In a note covering cyber stocks on Thursday, Jefferies analysts upgraded shares of Zscaler (NASDAQ:ZS) and CrowdStrike Holdings Inc. (NASDAQ:CRWD) to Buy and downgraded Fortinet...
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Jefferies Downgrades Fortinet to Hold, 'continues to feel hardware headwinds for several Qs'
(Updated - October 19, 2023 6:36 AM EDT) Analysts at Jefferies downgraded Fortinet (FTNT) from Buy to Hold with a price target of $65.00 (from $85.00).The analysts comment "While we...
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