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Stock Market & Financial Investment News

News Breaks
July 7, 2014
07:18 EDTFTNTFortinet Q2 results likely to surpass guidance, says Oppenheimer
After conducting checks, Oppenheimer's confidence in Fortinet's outlook has improved, and the firm expects the company to report Q2 results that exceed the top end of its guidance. The firm increased its Q2 revenue estimate for the company above consensus levels, but its EPS estimate remains unchanged and in-line with consensus. It keeps an Outperform rating on the shares.
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August 31, 2014
13:27 EDTFTNTAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
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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