TD Cowen Calls Fortinet, Inc. (FTNT)’s Valuation Reasonable at Current Levels

We recently compiled a list of the 20 Most Profitable Stocks of the Last 20 Years. The next stock on our list is Fortinet, Inc. (NASDAQ:FTNT). TheFly reported on January 23 that TD Cowen analyst Shaul Eyal upgraded FTNT to Buy from Hold with an unchanged price target of $100. The firm’s channel checks indicate stability throughout fiscal 2026, with upside potential for Q4 billings and revenue, and the possibility that the company’s 11.6% billings estimate for 2026 could be revised higher. Eyal noted that ...