BMO Capital Raises Fortinet, Inc. (FTNT) Price Target to $88 Amid Mixed Quarter and Strong Cash Flow

By Yahoo! Finance | Nov 16, 2024 at 01:44 AM EST

Fortinet, Inc. (NASDAQ:FTNT) is a cybersecurity company focusing on networking and security solutions. Gartner predicts a surge in electricity consumption by AI data centers, potentially leading to power shortages. Fortinet's stock received a price target increase despite mixed quarterly results.

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