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Enter Symbol:
Rating: FTNT
Neutral $46

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

Wednesday,  Jun 24, 2015  8:25 AM ET by Betsy O'Brien Harrison

Robert W. Baird downgraded Fortinet, Inc. (NASDAQ: FTNT) to Neutral with price target
$46. Previously Robert W. Baird downgraded to Fortinet, Inc. (NASDAQ: FTNT) to Outperform with price target $25 on 12/23/2013, when the stock price was $18.87.

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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