Fortinet (NASDAQ:FTNT – Get Free Report) announced its earnings results on Tuesday. The software maker reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.08, Briefing.com reports. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Fortinet had a return […]
Cantor Fitzgerald reiterated their neutral rating on shares of Fortinet (NASDAQ:FTNT – Free Report) in a research note released on Wednesday morning, Benzinga reports. They currently have a $75.00 price target on the software maker’s stock, up from their previous price target of $50.00. Several other equities research analysts also recently weighed in on FTNT. […]
Fortinet (NASDAQ:FTNT – Free Report) had its target price boosted by Truist Financial from $60.00 to $80.00 in a research report sent to investors on Wednesday morning, Benzinga reports. The brokerage currently has a buy rating on the software maker’s stock. Several other analysts also recently issued reports on the stock. Cantor Fitzgerald reaffirmed a […]
Fortinet (NASDAQ:FTNT – Free Report) had its target price boosted by Morgan Stanley from $77.00 to $81.00 in a research report sent to investors on Wednesday, Benzinga reports. The firm currently has an overweight rating on the software maker’s stock. A number of other analysts have also recently issued reports on FTNT. Jefferies Financial Group […]
Fortinet (NASDAQ:FTNT – Get Free Report) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.37-0.39 for the period, compared to the consensus estimate of $0.37. The company issued revenue guidance of $1.30-1.36 billion, compared to the consensus revenue estimate of $1.37 billion. Fortinet also updated its […]