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Nordea Investment Management AB Reduces Stock Holdings in Fortinet, Inc. (NASDAQ:FTNT)

Nordea Investment Management AB reduced its stake in Fortinet, Inc. (NASDAQ:FTNT – Get Rating) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,320,607 shares of the software maker’s stock after selling 26,058 shares during the period. Nordea Investment Management AB […] ....

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Fortinet (NASDAQ:FTNT) Issues Quarterly Earnings Results

Fortinet (NASDAQ:FTNT – Get Rating) announced its quarterly earnings data on Thursday. The software maker reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05, Briefing.com reports. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.20 billion. Fortinet had a net margin of 19.41% […] ....

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Fortinet (NASDAQ:FTNT) Earns Buy Rating from Analysts at Rosenblatt Securities

Rosenblatt Securities initiated coverage on shares of Fortinet (NASDAQ:FTNT – Get Rating) in a research report released on Monday, The Fly reports. The brokerage issued a buy rating and a $80.00 price target on the software maker’s stock. Several other equities analysts have also issued reports on FTNT. William Blair reaffirmed an outperform rating on […] ....

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Trillium Asset Management LLC Takes Position in CSX Co. (NASDAQ:CSX)

Fortinet (NASDAQ:FTNT – Get Rating) had its price target upped by analysts at Piper Sandler from $64.00 to $65.00 in a research report issued on Friday, The Fly reports. Piper Sandler’s price objective points to a potential upside of 6.24% from the company’s previous close. Other research analysts have also issued research reports about the […] ....

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Fortinet Q1 results: cybersecurity vendor continues year-on-year growth

Cybersecurity vendor Fortinet released today its Q1 2023 results reporting a 32 per cent growth in total revenues, which hit $1.26bn, as well as "strong growth in. ....

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