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Stock Market & Financial Investment News

News Breaks
December 23, 2013
08:52 EDTFTNTFortinet CFO appointment positive, says Wedbush
After Fortinet appointed Andrew Del Matto as its CFO, Wedbush thinks the decision should be seen as positive, given Del Matto's significant experience in the security industry. The firm was also pleased by the quickness with which Fortinet filled the role. It keeps a Neutral rating on the stock, however.
News For FTNT From The Last 14 Days
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April 11, 2014
07:29 EDTFTNTNetwork security Q1 survey shows 'respectable' demand, says Jefferies
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April 9, 2014
19:01 EDTFTNTOn The Fly: After Hours Movers
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17:49 EDTFTNTImperva plummets after lowering Q1 EPS and revenue outlook
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17:32 EDTFTNTImperva Q1 miss likely to weigh on Security sector, says Wells Fargo
Wells Fargo believes the magnitude of Imperva's (IMPV) Q1 miss will weigh on the Cyber Security industry since expectations for the group were relatively high going into Q1 earnings. Names in the space include Check Point (CHKP), Fortinet (FTNT), FireEye (FEYE), Palo Alto (PANW) and Symantec (SYMC). Wells notes, however, that it sees little direct fundamental implications for other names in the group as Imperva's issues were likely more company specific. Wells has Outperform ratings on Check Point, FireEye, Palo Alto and Fortinet.

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