Fortinet Earnings Lift Cybersecurity Stocks

Fortinet Inc (NASDAQ:FTNT) stock is lifting the cybersecurity sector today, after the company's stronger-than-expected fourth-quarter results, announced after yesterday's close. FTNT has pared gains since its earlier surge to $73.91, but was still up 2.2$68.97 at last check.No fewer than 21 analysts lifted their price targets on the equity after the report, bringing the 12-month consensus price target to $74.42. Over the last month, Fortinet stock saw two downgrades despite its recent uptrend, but anal ...