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Fortinet (NASDAQ:FTNT) Price Target Cut to $55.00

Fortinet (NASDAQ:FTNT – Get Free Report) had its price target reduced by Royal Bank of Canada from $68.00 to $55.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a “sector perform” rating on the software maker’s stock. Royal Bank of Canada’s target price points to a potential upside of 8.95% from […] ....

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Fortinet (NASDAQ:FTNT) Posts Earnings Results, Beats Expectations By $0.05 EPS

Fortinet (NASDAQ:FTNT – Get Free Report) released its earnings results on Thursday. The software maker reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05, Briefing.com reports. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.35 billion. Fortinet had a negative […] ....

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