Rosenblatt Highlights Tax Incentives and Sales Execution as Q4 Upside Drivers for Fortinet, Inc. (FTNT)

We recently compiled a list of 10 High Growth Technology Stocks That Are Profitable. Fortinet, Inc. stands tenth on our list of high growth stocks. TheFly reported on January 29 that Rosenblatt upgraded FTNT from Neutral to Buy and lifted the price target to $100 from $85 ahead of the company’s Q4 earnings on February 5. The upgrade reflects stronger demand observed through reseller checks, which is driven by a widespread hardware refresh replacing older Cisco firewalls, solid sales execution, and support ...