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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.
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August 29, 2014
08:00 EDTFTNTCyber security outlook remains positive, says Wells Fargo
After conducting checks, Wells Fargo believes that demand for cyber security products remains strong, as increased spending trends seen in 1H14 are sustainable through 2H14 and into 2015. The firm thinks that Palo Alto (PANW) stands to benefit most from an upcoming improved network refresh cycle, while Fortinet (FTNT) seems to be gaining traction with enterprises. Wells keeps Outperform ratings on Fortinet PAl Alto and Fireeye (FEYE) and a Market Perform rating on Symantec (SYMC).
August 28, 2014
06:54 EDTFTNTFortinet coverage resumed with a Hold at Stifel
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August 26, 2014
09:04 EDTFTNTFortinet plans to establish R&D center in Singapore
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