fortinet

According to Wedbush, Fortinet (NASDAQ: FTNT) Outperform rating is maintained. Wedbush said that it is maintaining its OUTPERFORM rating and raising the price target to $27 from $25 (split-adjusted) to reflect our expectation of continued share gains in the network security market. “We think the...

Wedbush Securities has raised the price target on Fortinet (NASDAQ: FTNT) from $25 to $27 (split adjusted) and maintains its Outperform rating.

Citi, which initiated coverage of Sourcefire, Inc. (NASDAQ: FIRE), is providing some color on small caps. Citi also initiated coverage of Fortinet Inc. (NASDAQ: FTNT) and Websense, Inc. (NASDAQ: WBSN). “Trends including innovative web application technologies and the proliferation of mobile...

Deutsche Bank is out with its report today on Fortinet (NASDAQ: FTNT), raising its PT from $40 to $44. In a note to clients, Deutsche Bank writes, "FTNT reported strong F1Q11 earnings with solid growth in all metrics. Billing growth of 34% y/y was impressive and represents the fifth straight...

Deutsche Bank has raised the price target on Fortinet (NASDAQ: FTNT) from $40 to $44 and maintains its Hold rating.

Morgan Keegan has raised the price target on Fortinet (NASDAQ: FTNT) from $47 to $50 and maintains its Outperform rating.

Morgan Keegan has published a research report on Fortinet, Inc. (NASDAQ: FTNT) after the company reported strong 4Q results showing that adoption of products is going better than expected. In the report, Morgan Keegan writes "FTNT announced solid 4Q10 results with revenue of $93.6 million (+32% Y/Y...

Morgan Keegan has raised the price target on Fortinet, Inc. (NASDAQ: FTNT) from $40 to $45 and maintains its Outperform rating.

Deutsche Bank has downgraded Fortinet, Inc. (NASDAQ: FTNT) from Buy to Hold and has raised the price target from $32 to $40.

RBC Capital Markets reiterates its Outperform rating for Fortinet (NASDAQ: FTNT) and Enbridge (NYSE: ENB) and has raised the price targets from $22 to $26 and from $57 to $62, respectively.

Seven companies were hosted at Deutsche Bank's 2010 Technology Conference, including Checkpoint (NYSE: CKP), CA Technologies (NASDAQ: CA), Fortinet (NASDAQ: FTNT), Dolby (NYSE: DLB), Websense (NASDAQ: WBSN), DTS (NASDAQ: DTSI), and Microsoft (NASDAQ: MSFT). News and data points included: Microsoft...