Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 17.52% ...

Fortinet FTNT is scheduled to report third-quarter 2024 results on Nov. 7, after market close. The cybersecurity firm projects revenues between $1.445 billion and $1.505 billion. The Zacks Consensus ...

Wednesday, November 6, 2024 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Shopify ...

Scotiabank analyst Patrick Colville maintained a Buy rating on Fortinet (FTNT – Research Report) today and set a price target of $75.00. The company’s shares closed yesterday at $77.92. Colville ...

Fortinet has achieved a 34.5% return since my last recommendation, and I believe it can continue to offer good returns due to its strong fundamentals. Despite cyclical hardware sales, Fortinet's ...

Analysts have given Fortinet a total of 8 ratings, with the consensus rating being Neutral. The average one-year price target is $80.88, indicating a potential 2.59% upside.

On Friday, Fortinet Inc (FTNT) stock saw a decline, ending the day at $80.34 which represents a decrease of $-0.28 or -0.35% from the prior close of $80.62. The stock opened at $80.79 and touched a ...

This is important as a lack of PoPs has been cited as a point of friction during the sales process. Fortinet also acquired Lacework earlier in 2024, strengthening its cloud security capabilities.

Analyst Shrenik Kothari from Robert W. Baird maintained a Buy rating on Fortinet (FTNT – Research Report) and keeping the price target at ...

If not, there would be more competitors to Fortinet and peers that can reduce their sales in the course of 10 years, or at least in the past 5 years where AI and social media are heavily used by ...

Fortinet is a platform-based cybersecurity vendor ... The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has ...