Fortinet (NASDAQ:FTNT – Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.650-1.700 for the period, compared to the consensus estimate of 1.670. The company issued revenue guidance of $5.7 billion-$5.8 billion, compared to the consensus revenue estimate of $5.9 billion. Fortinet also updated […]
Burney Co. increased its stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 13.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 80,169 shares of the software maker’s stock after acquiring an additional 9,729 shares during the quarter. Burney Co.’s holdings in Fortinet were […]
Fortinet (NASDAQ:FTNT – Get Free Report) had its price target upped by equities research analysts at Scotiabank from $70.00 to $90.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “sector outperform” rating on the software maker’s stock. Scotiabank’s price objective would indicate a potential upside […]
Fortinet, Inc. (NASDAQ:FTNT – Get Free Report) has received a consensus rating of “Hold” from the thirty-four ratings firms that are presently covering the stock, MarketBeat reports. Twenty-three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year target price among brokerages […]