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Enter Symbol:
 
Fortinet, Inc. (FTNT) [hlAlert]

Rating:
Outperform
FTNT
up 55.63 %

Fortinet, Inc. (FTNT) rated Outperform with price target $29 by Northland Securities

Posted on: Wednesday,  Oct 17, 2012  9:25 AM ET by Northland Securities

Northland Securities rated Outperform Fortinet, Inc. (NASDAQ: FTNT) on 10/17/2012. Previously Northland Securities rated Outperform Fortinet, Inc. (NASDAQ: FTNT) on 09/12/2012.,
when the stock price was $27.41. Since then, Fortinet, Inc. has gained 55.64% as of 01/26/2016's recent price of $42.66.
If you would have followed the previous Northland Securities's recommendation on FTNT, you would have gained 55.63% of your investment in 1231 days.

Fortinet, Inc. (Fortinet) is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities globally. Fortinet?s solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking, antivirus, intrusion prevention, Web filtering, antispam and wide area network (WAN) acceleration. The FortiGate appliances, from the FortiGate-50 for small businesses and branch offices to the FortiGate-5000 series for large enterprises and service providers, are based on technology platform. The platform includes the FortiASICs, which are specifically designed for accelerated processing of security and networking functions, and the FortiOS operating system, which provides the foundation for the security functions.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2012 9:25 AM Buy
None
20.55 29.00
as of 12/31/2012
1 Week down  -0.47 %
1 Month up  5.20 %
3 Months down  -12.85 %
1 YTD up  2.28 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2012 8:25 AM Buy
None
27.41 31.00

(*) Stock Price at the time of the recommendation.
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