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Fortinet, Inc. (FTNT) [hlAlert]

Rating:
Neutral FTNT

Fortinet, Inc. (FTNT) rated Neutral by Citigroup

Posted on: Wednesday,  Jun 24, 2015  10:25 AM ET by Citigroup

Fortinet, Inc. (NASDAQ:
FTNT) rated Neutral by Citigroup.

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.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2015 10:25 AM Hold
None
41.32
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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