Fortinet (NASDAQ:FTNT – Get Free Report) had its target price decreased by stock analysts at Scotiabank from $90.00 to $80.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “sector outperform” rating on the software maker’s stock. Scotiabank’s price objective suggests a potential upside of 35.87% from the company’s previous […]
Fortinet (NASDAQ:FTNT – Get Free Report) had its target price decreased by equities research analysts at BMO Capital Markets from $82.00 to $70.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has a “market perform” rating on the software maker’s stock. BMO Capital Markets’ price objective would suggest a potential upside […]
Swiss National Bank lowered its holdings in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,087,400 shares of the software maker’s stock after selling 59,300 shares during the period. Swiss National […]
Swiss National Bank cut its stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,087,400 shares of the software maker’s stock after selling 59,300 shares during the quarter. Swiss National Bank’s holdings […]
Fortinet (NASDAQ:FTNT – Get Free Report) announced its earnings results on Thursday. The software maker reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.05, Briefing.com reports. Fortinet had a net margin of 21.64% and a negative return on equity of 7,572.46%. The business had revenue of $1.35 […]