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BMO Capital Markets Trims Fortinet (NASDAQ:FTNT) Target Price to $72.00

Fortinet (NASDAQ:FTNT – Get Free Report) had its price target dropped by analysts at BMO Capital Markets from $88.00 to $72.00 in a note issued to investors on Friday, MarketBeat reports. The brokerage presently has a “market perform” rating on the software maker’s stock. BMO Capital Markets’ price target would indicate a potential upside of […] ....

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Fortinet, Inc. (NASDAQ:FTNT) Shares Purchased by Alphinity Investment Management Pty Ltd

Alphinity Investment Management Pty Ltd increased its position in shares of Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 32.5% during the 1st quarter, Holdings Channel reports. The firm owned 5,322,762 shares of the software maker’s stock after purchasing an additional 1,306,141 shares during the quarter. Fortinet makes up approximately 7.9% of Alphinity Investment Management Pty […] ....

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Fortinet (NASDAQ:FTNT) Issues FY23 Earnings Guidance

Fortinet (NASDAQ:FTNT – Get Free Report) updated its FY23 earnings guidance on Thursday. The company provided EPS guidance of $1.49-1.53 for the period, compared to the consensus EPS estimate of $1.47. The company issued revenue guidance of $5.35-5.45 billion, compared to the consensus revenue estimate of $5.47 billion. Fortinet also updated its FY 2023 guidance […] ....

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Fortinet, Inc. Q2 Profit Increases, beats estimates

Fortinet, Inc. (FTNT) announced a profit for its second quarter that increased from last year and beat the Street estimates. The company's earnings came in at $266. ....

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ICICI Prudential Asset Management Co Ltd Grows Stock Holdings in Fortinet, Inc. (NASDAQ:FTNT)

ICICI Prudential Asset Management Co Ltd boosted its stake in Fortinet, Inc. (NASDAQ:FTNT – Free Report) by 29.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,034 shares of the software maker’s stock after purchasing an additional 27,272 shares during […] ....

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