Fortinet (FTNT) Tops Q3 EPS by 1c

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Fortinet (FTNT) PT Lifted to $32 at Piper Jaffray

October 23, 2014 8:26 AM EDT

Piper Jaffray analyst Andrew Nowinski reiterated an Overweight rating on Fortinet (NASDAQ: FTNT) and boosted his price target on $32.00 (from $31.00) following strong Q3 upside.

Nowinski commented, "Fortinet delivered solid Q3 results, largely exceeding the consensus estimates and guidance. The strong demand was partially... More

Fortinet (FTNT) Estimates Raised at Oppenheimer Amid Strong Q3 Results, Outlook

October 23, 2014 6:52 AM EDT

Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and $30 price target Fortinet (NASDAQ: FTNT) following strong Q3 results and raised revenue guidance.

Eyal commented, "FTNT reported strong 3Q14 results across all geographies, product lines, and verticals with all metrics (revenue, EPS, billings & CFO) beating... More