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Stock Market & Financial Investment News

News Breaks
March 17, 2014
07:21 EDTFTNTFortinet business appears to be surpassing expectations, says Oppenheimer
After conducting checks, Oppenheimer believes that its checks indicate that the company's Q1 business is tracking ahead of expectations. The firm expects the company's Q1 results to beat expectations, and raised its price target on the shares to $28 from $26. It keeps an Outperform rating on the stock.
News For FTNT From The Last 14 Days
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March 23, 2015
10:08 EDTFTNTHigh option volume stocks
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March 20, 2015
15:40 EDTFTNTMore cybersecurity firms to come public amid high market demand, Reuters says
With shares of publicly traded cybersecurity companies having recently outperformed the market, a number of privately-held IT security names, including Rapid7, LogRythm and Mimecast, plan to go public in 2015 amid the high level of investor interest, said Reuters, citing people familiar with the matter. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
March 18, 2015
08:08 EDTFTNTFortinet price target raised to $39 from $35 at Oppenheimer
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