Fortinet (FTNT) has been attracting a lot of
investor attention recently. Showing strong competitive performance, the company has outperformed competitors on several trading days and even surpassed market returns in some situations. International investors are also taking a deep dive into the company, with many seeing it as a reliable
growth stock for the long-term.
Janney Montgomery Scott LLC and
AGF Management Ltd. have notably increased their shareholdings, indicative of a positive market sentiment. With the company's Q1 2024 earnings aligning with EPS projections and even exceeding revenue estimates,
Fortinet's financial performance has been robust. The unveiling of their new
FortiGate 200G Series promises cutting-edge performance and AI-powered security. Despite these achievements, they experienced a noticeable drop in stock during market upticks. Nonetheless, many analysts believe that Fortinet is undervalued and have lifted their price target, paving the way for an interesting future in the market.
Fortinet FTNT News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Sat, 18 May 2024 20:15:57 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 5
