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Fortinet Stock Soars 69% in 6 Months: Is it a Good Time to Invest?Fortinet's FTNT shares have surged 68.8% over the trailing six months, outperforming the Zacks Computer & Technology sector’s appreciation of 14.8% and the Zacks Internet - Software industry’s return ...
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Fortinet (FTNT) closed the most recent trading day at $98.24, moving +1.07% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.61%.
Wedbush maintained its Outperform rating on the stock while raising the price target to $130 from $105. Analysts led by Daniel Ives said Fortinet "reported a very strong bounce-back quarter that ...
Eyal covers the Technology sector, focusing on stocks such as Fortinet, Palo Alto Networks, and Verint Systems. In another report released on January 6, Piper Sandler also upgraded the stock to a ...
Looking ahead, Fortinet has set ambitious targets for its future performance. The company aims to achieve a revenue CAGR of over 12% and operating margins exceeding 30%. Based on InvestingPro's Fair ...
RBC Capital Markets adjusted its financial outlook on Fortinet (NASDAQ:FTNT) shares, raising the price target to $115 from ...
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