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Short Interest in Fortinet, Inc. (NASDAQ:FTNT) Grows By 6.7%

Fortinet, Inc. (NASDAQ:FTNT – Get Free Report) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 12,310,000 shares, an increase of 6.7% from the November 15th total of 11,540,000 shares. Based on an average daily trading volume, of 6,720,000 shares, […] ....

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Fortinet (NASDAQ:FTNT) Earns Neutral Rating from Analysts at Susquehanna

Susquehanna assumed coverage on shares of Fortinet (NASDAQ:FTNT – Free Report) in a research note issued to investors on Friday morning, Briefing.com reports. The brokerage issued a neutral rating and a $55.00 target price on the software maker’s stock. A number of other brokerages also recently issued reports on FTNT. Capital One Financial initiated coverage […] ....

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Fortinet (NASDAQ:FTNT) Price Target Raised to $56.00 at JPMorgan Chase & Co.

Fortinet (NASDAQ:FTNT – Free Report) had its price objective boosted by JPMorgan Chase & Co. from $52.00 to $56.00 in a research note released on Monday morning, Benzinga reports. The firm currently has a neutral rating on the software maker’s stock. Other equities research analysts have also issued research reports about the stock. Capital One […] ....

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Ninety One UK Ltd Decreases Stake in Fortinet, Inc. (NASDAQ:FTNT)

Ninety One UK Ltd reduced its position in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 80.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 499,505 shares of the software maker’s stock after selling 2,104,787 shares during the period. Ninety One UK […] ....

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Susquehanna Begins Coverage on Fortinet (NASDAQ:FTNT)

Equities researchers at Susquehanna initiated coverage on shares of Fortinet (NASDAQ:FTNT – Get Free Report) in a research note issued on Friday, Briefing.com reports. The brokerage set a “neutral” rating and a $55.00 price target on the software maker’s stock. Susquehanna’s price objective would indicate a potential downside of 3.59% from the company’s current price. […] ....

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