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

Rating:
Overweight
FTNT
down 9.63 %

Fortinet, Inc. (FTNT) rated Overweight with price target $53 by Barclays

Posted on: Thursday,  Jul 23, 2015  12:25 PM ET by Barclays

Barclays rated Overweight Fortinet, Inc. (NASDAQ: FTNT) on 07/23/2015, when the stock price was $47.21. Since
then, Fortinet, Inc. has lost 9.64% as of 01/26/2016's recent price of $42.66.
If you would have followed this Barclays's recommendation on FTNT, you would have lost 9.63% of your investment in 187 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2015 12:25 PM Buy
None
47.21 53.00
as of 8/27/2015
1 Week down  -9.04 %
1 Month down  -1.27 %
3 Months down  -9.63 %
1 YTD down  -9.63 %

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