Fortinet (FTNT) Tops Q2 EPS by 5c; Raises Outlook
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August 3, 2018 8:35 AM EDT
UBS raised its price target on Fortinet (NASDAQ: FTNT) to $80.00 (from $67.00) while maintaining a Buy rating.
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August 3, 2018 7:48 AM EDT
Morgan Stanley raised its price target on Fortinet (NASDAQ: FTNT) to $67.00 (from $55.00) while maintaining a Equalweight rating.
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August 2, 2018 9:04 AM EDT
BMO Capital raised its price target on Fortinet (NASDAQ: FTNT) to $76.00 (from $61.00) while maintaining a Outperform rating.
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August 2, 2018 8:53 AM EDT
Deutsche 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
August 2, 2018 7:17 AM EDT
Piper Jaffray raised its price target on Fortinet (NASDAQ: FTNT) to $80.00 (from $64.00) while maintaining a Overweight rating following the company's 2Q report. Fortinet reported Q2 revenue of $441.3M, which was well above expectations ($425.5M) and the high end of guidance ($430M), due to better... More
August 2, 2018 6:22 AM EDT
Citi raised its price target on Fortinet (NASDAQ: FTNT) to $71.00 (from $56.00) while maintaining a Neutral rating.
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