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

Rating:
Neutral FTNT
up 118.75 %

Fortinet, Inc. (FTNT) downgraded to Neutral with price target $46 by Robert W. Baird

Posted on: Wednesday,  Jun 24, 2015  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Fortinet, Inc. (NASDAQ: FTNT) on 06/24/2015. Previously Robert W. Baird rated Outperform Fortinet, Inc. (NASDAQ: FTNT) on
12/23/2013., when the stock price was $18.87. Since then, Fortinet, Inc. has gained 118.76% as of 06/24/2015's recent price of $41.28.
If you would have followed the previous Robert W. Baird's recommendation on FTNT, you would have gained 118.75% of your investment in 548 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.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2015 8:25 AM Hold
None
41.28 46.00
as of 8/27/2015
1 Week   
1 Month   
3 Months up  6.25 %
1 YTD up  115.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2013 8:25 AM Buy
None
18.87 25.00
12/6/2011 8:25 AM Hold
None
24.56 27.00
12/28/2009 8:25 AM Buy
None
9.29 11.00

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