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

Rating:
Buy FTNT
up 23.97 %

Fortinet, Inc. (FTNT) rated Buy with price target $51 by Dougherty & Company

Posted on: Friday,  Oct 23, 2015  1:25 PM ET by Dougherty & Company

Dougherty & Company rated Buy Fortinet, Inc. (NASDAQ: FTNT) on 10/23/2015, when the stock price was $34.41.
Since then, Fortinet, Inc. has gained 23.98% as of 01/26/2016's recent price of $42.66.
If you would have followed this Dougherty & Company 's recommendation on FTNT, you would have gained 23.97% of your investment in 95 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.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2015 1:25 PM Buy
None
34.41 51.00
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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