Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.Considering buying FTNT stock? Here’s what analysts think: Photo via Shutterstock ...

The last time I covered Fortinet, Inc. ( FTNT ) (October 27) was shortly before their last quarterly earnings release , which, funnily enough, is the case today again ( February 5th ).Hi! I'm a passionate investor who has been researching publically traded companies for over 6 years. My primary focus is on identifying great businesses at reasonable prices and holding them for the long term but I also dive into trend following strategies from time to time. While I have a slight bias toward technology compani ...

Core Insights - Fortinet announced enhancements to FortiCNAPP aimed at improving cloud risk management by integrating network security posture, data security posture management, and runtime validation [1][2] Group 1: Cloud Security Challenges - Security teams face challenges due to growing complexity, limited resources, and skills gaps, making risk management across cloud environments difficult [2] - Nearly 70% of organizations report tool sprawl and visibility gaps as major barriers to effective cloud security according to the Fortinet 2026 Cloud Security Report [2] Group 2: FortiCNAPP Enhancements - FortiCNAPP incorporates network-level protection context into risk evaluation, providing a more accurate assessment of real exposure [3] - Native Data Security Posture Management (DSPM) enhances risk prioritization by including data sensitivity and exposure without requiring data movement [4] - The platform consolidates siloed security signals into a single actionable workflow, simplifying cloud risk operations [5] Group 3: Context-Driven Security Operations - Effective risk management requires understanding misconfigurations, vulnerabilities, existing protections, and the likelihood of real-world impact [6] - FortiCNAPP helps organizations reduce noise and improve decision-making by aligning security efforts with actual exposure and available resources [6] Group 4: Unified Risk Management Features - FortiCNAPP provides network-aware risk scoring by detecting FortiGate solutions along the internet-accessible path to cloud workloads [7] - It reduces false urgency by providing a realistic view of risk, enabling consistent understanding of exposure among security and network teams [7] - The platform identifies sensitive data, access patterns, and potential malware while supporting privacy and data governance requirements [7] Group 5: Business Impact and Prioritization - Risks affecting sensitive data are automatically elevated, allowing teams to focus on issues with the greatest potential impact [7] - Insights from various security aspects are unified into a single view, facilitating faster remediation and response [7][8]

Core Viewpoint - The article discusses the risks associated with shorting stocks, particularly in light of recent market events like the GameStop meme rally, and suggests that bearish put options may be a safer alternative for investors looking to bet against certain stocks. Group 1: Fortinet - Fortinet has been downgraded by JP Morgan due to competitive pressures and growth risks, with shares down nearly 27% from all-time highs [3][4] - The stock has a trailing price-to-earnings (P/E) multiple of 34.2, and JP Morgan's price target suggests a potential 10% downside from current levels [4] - Despite bearish sentiment, Fortinet received an upgrade from TD Cowen, which argues it is more insulated against AI threats, indicating a tug-of-war between bullish and bearish perspectives [5] Group 2: Imperial Oil - Imperial Oil's stock has increased by 45% over the past year and nearly 78% over the last two years, but may need to consolidate these gains [7] - The stock has a trailing P/E of 17.9, and analysts suggest that profit-taking could be prudent given the potential for margin mean reversion [8] - The dividend yield of 2.1% is lower compared to other major energy stocks, suggesting that investors might consider rotating into higher-yielding options within the sector [9]

Market Overview - U.S. equity index futures are retreating as investors prepare for a significant week with the anticipated FOMC hold and a busy corporate earnings schedule; the S&P 500, Nasdaq 100, Dow 30, and Russell 2000 all posted modest weekly declines [1] - Treasury yields are edging lower, with market pricing indicating a near certainty of a hold in the upcoming FOMC meeting and potential rate cuts starting in July [1] Company Performance - Nvidia shares rose by 1.6% following news of CEO Jensen Huang's planned visit to China and reports that Chinese tech firms can prepare orders for H200 chips [2] - Intel shares plummeted by 17%, marking its worst day since 2024 due to weak earnings guidance [2] - Capital One shares fell by 7.6% after a $5.15 billion acquisition of Brex and a fourth-quarter earnings miss [2] - Clorox shares increased by 1.1% after agreeing to acquire Gojo Industries for $2.25 billion and reaffirming its 2026 outlook [2] - Booz Allen Hamilton shares jumped by 6.8% after raising its first-quarter earnings forecast [2] - Fortinet shares rose by 5.2% following an upgrade to buy by TD Cowen [2] - Ericsson shares surged by 8.9% after beating profit expectations and announcing a 15 billion krona share buyback program [2] Commodity Insights - Gold prices surpassed $5,000 for the first time as investors sought safety, with silver also rallying and briefly breaching $109 [3] - Oil prices (WTI) rose to $61 amid heightened tensions in the Middle East and a slight increase in the U.S. oil rig count [3] Currency and Central Bank Updates - The U.S. Dollar Index fell into the 96s, reaching lows not seen since September, with significant losses against the Japanese yen due to intervention risks [4] - The European Central Bank's Kocher noted that trade threats raise economic risks but cautioned against pre-emptively adjusting policy [5] - Bank of England's Greene indicated that the decline in wage growth has likely run its course, with forward indicators raising concerns [5] - Bank of Japan's Governor Ueda held rates steady but suggested a potential rate hike could occur in three months [5] Client Sentiment and Market Trends - Client sentiment in the S&P has shifted to extreme long at 78%, with notable increases in long sentiment for the Dow and Russell [6] - Commodities saw heavy buying in gold and silver, with gold sentiment climbing to 77% after breaching $5,000 [6] - Shifts in FX sentiment included a move from majority long to majority short in EUR/USD and a shift to majority buy in USD/JPY [6] Economic Data and Upcoming Events - U.S. preliminary manufacturing PMI improved to 51.9, while services held at 52.5, missing forecasts; consumer sentiment improved to 56.4 [8] - Upcoming economic data includes U.S. housing price data, FOMC policy announcement, and earnings from major companies like UnitedHealth, Microsoft, and Apple [9]

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to the closing bell with a global simulcast. Carol Massar and Tim Stenovec, join us right now.Welcome to our audiences across all of our bloomberg platforms. The cameras right in front of you, Carol, as you welcome our audiences across all of our Bloomberg platforms, television, radio, our partnership with YouTube. It's Friday.Carol, a down day for the market, a flat day for the ...

Market Overview - The market experienced a down day, with the S&P 500 showing flat performance, up only about four points, while the Dow Jones Industrial Average fell almost 300 points or 0.6% [2][6] - The Russell 2000 underperformed the S&P 500 for the first time in two weeks, declining by 1.8% [4][7] - A mixed trading day was noted, with the S&P 400 mid-caps down 1%, and the Dow transports down 1.4% [6][7] Sector Performance - The materials sector outperformed, gaining approximately 0.9%, while financials were the biggest losers, down about 1.3% [8] - Individual stocks showed significant movement, with Fortinet rising 5.2% after an upgrade, and CSX up 2.3% despite a challenging environment [9][11] Notable Company Updates - Intel was the most actively traded stock, plummeting 17% due to a lackluster forecast and manufacturing issues, marking its worst single-day performance since August 2024 [14][15] - Apple shares slipped slightly, down about 3% for the week, marking its eighth consecutive negative week, the longest stretch since May 2022 [16][17] Economic Indicators - The bond market saw modest declines in yields, with significant volatility earlier in the week, and attention is focused on upcoming economic data and a Federal Reserve meeting [22][23] Weather Impact - A major snowstorm is affecting over 170 million Americans, leading to significant flight cancellations and concerns about power supply and grid resilience [24][25][26]

Core Viewpoint - TD Cowen upgraded the cybersecurity company to a Buy rating, suggesting that concerns regarding AI replacing software are exaggerated and that billings may exceed expectations in 2026 [1] Company Summary - The cybersecurity company has received an upgrade from TD Cowen, indicating a positive outlook for its future performance [1] - The upgrade is based on the belief that fears surrounding AI's impact on software are overstated, which could lead to stronger financial results [1] - Projections for billings in 2026 suggest potential outperformance, highlighting confidence in the company's growth trajectory [1]

分组1: Capital One and Acquisition News - Capital One reported adjusted EPS of 386, which missed expectations, while revenue exceeded estimates at approximately $15.6 billion, showing a positive trend [2][6] - The company is acquiring fintech startup Brex for $5.15 billion in a cash and stock deal, which focuses on expense management and corporate cards for fast-growing companies [3][4] - This acquisition provides Capital One access to significant clients, including TikTok, Robinhood, and Intel, enhancing its position in the corporate finance sector [4] 分组2: Fortinet Upgrades - Fortinet's stock rose over 8% following an upgrade from TD Cohen, which changed its rating to buy with a price target of 100, indicating improved confidence in the company's future [7][8] - The firm anticipates double-digit billings growth year-over-year and over 13% revenue growth for Q4, reflecting a positive outlook for Fortinet [8] - Concerns regarding AI's impact on security software are addressed, with the view that AI will augment rather than threaten Fortinet's offerings, leading to increased demand for security solutions [9][10] 分组3: Spotify Upgrade - Goldman Sachs upgraded Spotify from neutral to buy, setting a price target of 700, as the risk-reward profile has become more attractive following a recent selloff [12][14] - The shares have declined over 20% since October, but the potential for growth is seen in upcoming price increases and ad revenue acceleration [13][14] - The upgrade reflects a 39% upside potential from the current levels, indicating a favorable outlook for Spotify's future performance [14]

Core Insights - The cybersecurity sector is expected to remain strong in 2026, driven by increased budget allocations, rising geopolitical tensions, and the demand for AI integration [2][3] - The First Trust Nasdaq Cybersecurity ETF (CIBR) underperformed in 2025, but companies like Cloudflare and CrowdStrike showed resilience [2] - M&A activity is anticipated to increase as cybersecurity firms consolidate data management [3] Industry Overview - The demand for cybersecurity solutions is growing due to the fundamental need for software security, with various growth drivers identified [3] - Geopolitical tensions and the shift towards cyber warfare are acting as tailwinds for the cybersecurity sector [3] Company Analysis - **Leidos Holdings, Inc. (NYSE:LDOS)**: - Analysts have lowered price targets, indicating potential headwinds due to increased competition in the Veterans Benefits Administration sector [8][9] - The company is a U.S. government technology and defense contractor focusing on cybersecurity and digital modernization [10] - **Fortinet, Inc. (NASDAQ:FTNT)**: - The company has received mixed ratings, with a Buy rating from Truist but a Sell rating from J.P. Morgan due to rising costs impacting margins [11][13] - Revenue growth was muted at 12.7% year-over-year in Q3 2025, but expectations for re-acceleration in the second half of 2026 exist [12] - Fortinet's reliance on hardware revenue poses risks, especially with increasing DDR4 memory costs [13][14]