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Fortinet Inc (NASDAQ:FTNT) has been upgraded to Hold in a statement by ValuEngine earlier today.

ValuEngine has upgraded Fortinet Inc (NASDAQ:FTNT) to Hold in a statement released on 6/2/2017.

On Wednesday May 03, 2017, Zacks Investment Research released a statement on Fortinet Inc (NASDAQ:FTNT) bumped up the target price from $0.00 to $44.00 that suggested an upside of 0.11%.

Boasting a price of $39.05, Fortinet Inc (NASDAQ:FTNT) traded 0.25% higher on the day. With the last close up 5.03% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Fortinet Inc has recorded a 50-day average of $38.14 and a two hundred day average of $38.39. Volume of trade was down over the average, with 1,146,948 shares of FTNT changing hands under the typical 1,372,910

Performance Chart

Fortinet Inc (NASDAQ:FTNT)

With a total market value of $0, Fortinet Inc has price-earnings ratio of 110.47 with a one year low of $28.51 and a one year high of $41.56 .

A total of 28 analysts have released a research note on FTNT. Nine analysts rating the company a strong buy, thirteen analysts rating the company a buy, eleven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $40.79.

More About Fortinet Inc (NASDAQ:FTNT)

Fortinet, Inc. is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. Its network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company's product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. Its cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products.

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