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 […]
Ford posts better-than-expected fourth-quarter adjusted earnings and sales, Snap’s disappointing outlook sinks the stock, and Alibaba boosts its buyback.
Fortinet (NASDAQ:FTNT – Get Free Report) had its price objective increased by research analysts at Susquehanna from $55.00 to $80.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the software maker’s stock. Susquehanna’s price target suggests a potential upside of 13.25% from the company’s current price. […]
Fortinet (NASDAQ:FTNT – Get Free Report) had its price target raised by analysts at BMO Capital Markets from $70.00 to $82.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has a “market perform” rating on the software maker’s stock. BMO Capital Markets’ target price suggests a potential upside of 16.08% from […]