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

Rating:
Overweight
FTNT
up 411.20 %

Fortinet Inc (FTNT) upgraded to Overweight by JP Morgan

Posted on: Tuesday,  Feb 9, 2010  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Fortinet, Inc. (NASDAQ: FTNT) on 02/09/2010, when the stock price was $8.35. Since
then, Fortinet, Inc. has gained 411.20% as of 01/26/2016's recent price of $42.66.
If you would have followed this JP Morgan's recommendation on FTNT, you would have gained 411.2% of your investment in 2177 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/9/2010 8:25 AM Buy
None
8.35
as of 12/31/2010
1 Week up  11.92 %
1 Month up  10.10 %
3 Months up  40.36 %
1 YTD up  110.24 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/28/2009 8:25 AM Hold
None
9.29 10.00

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