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Stock Market & Financial Investment News

News Breaks
February 4, 2014
06:51 EDTFTNTFortinet initiated with a Buy at Sterne Agee
Target $27.
News For FTNT From The Last 14 Days
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January 29, 2015
10:51 EDTFTNTOptions with decreasing implied volatility
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10:00 EDTFTNTOn The Fly: Analyst Downgrade Summary
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07:43 EDTFTNTFortinet results, outlook extremely favorable, says JMP Securities
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07:33 EDTFTNTFortinet downgraded on margin miss, valuation at Pacific Crest
As noted earlier, Pacific crest downgraded Fortinet to Sector Perform from Outperform . The firm downgraded the stock based on valuation and its belief that the company's margins are unimpressive.
07:21 EDTFTNTFortinet price target raised to $39-$41 from $33-$35 at Wells Fargo
Wells Fargo increased its price target on Fortinet, as the firm believes that the company reported very strong Q4 results. The firm notes that investors were concerned about the company's lower than expected margin guidance. But Wells thinks that Fortinet's increased investments that caused the miss, according to the firm, are worthwhile, given the size of the company's opportunities. It keeps an Outperform rating on the shares.
06:18 EDTFTNTFortinet downgraded to Sector Perform from Outperform at Pacific Crest
January 28, 2015
18:21 EDTFTNTOn The Fly: After Hours Movers
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16:47 EDTFTNTFortinet sees FY15 EPS 49c-50c, consensus 59c
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16:46 EDTFTNTFortinet sees Q1 EPS about 6c, consensus 12c
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16:26 EDTFTNTFortinet up 4.8% after reporting Q4 results
16:23 EDTFTNTFortinet reports Q4 EPS 14c, consensus 14c
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15:37 EDTFTNTNotable companies reporting after market close
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January 26, 2015
10:00 EDTFTNTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Axle (AXL) upgraded to Overweight from Neutral at JPMorgan... Bed Bath & Beyond (BBBY) upgraded to Outperform from Perform at Oppenheimer... DRDGOLD (DRD) upgraded to Neutral from Underweight at JPMorgan... DealerTrack (TRAK) upgraded to Buy from Hold at Stifel... DreamWorks Animation (DWA) upgraded to Buy from Neutral at B. Riley... First Niagara (FNFG) upgraded to Buy from Hold at Jefferies... Fortinet (FTNT) upgraded to Buy from Neutral at Citigroup... Garmin (GRMN) upgraded at RBC Capital... Harmony Gold (HMY) upgraded to Overweight from Neutral at JPMorgan... Invesco (IVZ) upgraded to Positive from Neutral at Susquehanna... Kansas City Southern (KSU) upgraded at Raymond James... McDonald's (MCD) upgraded to Overweight from Equal Weight at Stephens... Melco Crown (MPEL) upgraded to Buy from Hold at Union Gaming... Monro Muffler (MNRO) upgraded to Neutral from Reduce at SunTrust... Pier 1 Imports (PIR) upgraded to Outperform from Perform at Oppenheimer... Piper Jaffray (PJC) upgraded to Neutral from Underperform at Macquarie... Randgold (GOLD) upgraded to Overweight from Neutral at JPMorgan... Rockwell Collins (COL) upgraded to Buy from Hold at Argus... Telefonica (TEF) upgraded to Neutral from Underperform at BofA/Merrill... Triumph Group (TGI) upgraded at RBC Capital... Unilever (UL) upgraded to Buy from Underperform at BofA/Merrill... WWE (WWE) upgraded to Neutral from Underperform at Macquarie.
09:05 EDTFTNTCiti sees low estimates for Fortinet, upgrades to Buy
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06:59 EDTFTNTFortinet Q4 checks very positive says JMP Securities
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06:51 EDTFTNTFortinet upgraded to Buy from Neutral at Citigroup
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January 23, 2015
07:47 EDTFTNTFortinet Q4 results likely to beat expectations, says Oppenheimer
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January 22, 2015
07:42 EDTFTNTIT security demand very strong, says Wells Fargo
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06:24 EDTFTNTJPMorgan downgrades three in Software, FireEye a top pick
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