HomeInvestingOptionsFortinet (FTNT) Stock & Cyber Security Solutions
Fortinet (FTNT) Stock & Cyber Security Solutions

Fortinet (FTNT) stock price hit an all-time high on December 29th, 2021, and is down more than 5% in 2022. Fortinet offers cyber security solutions to private enterprises, communication service providers, government organizations, and small businesses. Recently, the FTNT stock was upgraded to overweight from equal weight by Barclays with a raised price target of $395. The analyst is more positive on shares given the company's customer, geographic, and vertical diversity. Barclays also expects the backlog to elongate Fortinet's growth curve and for its free cash flow to anchor its valuation in this market. George Tsilis weighs in on how FTNT compares to CWRD and OKTA. He also discusses an example trading strategy on Fortinet (FTNT).

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29 Mar 2022

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