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Fortinet (FTNT) appears to be on a roll ahead of its first-quarter earnings report. That’s the assessment of Frederick Grieb, an analyst for Nomura Securities, who on Monday raised his price target on Fortinet stock to 27 from 26. Fortinet stock was up 1.5%, near 22.30, in afternoon trading on the stock market today. In a research report, Grieb cited a number of factors for his positive outlook, including better-than-expected feedback from Scalper1 News
Scalper1 News