Workflow
Fortinet Secure AI Data Center solution
icon
Search documents
Piper Sandler Raises PT on Fortinet (FTNT) Stock
Yahoo Finance· 2026-01-11 18:59
Group 1 - Fortinet, Inc. (NASDAQ:FTNT) is considered an oversold fundamentally strong stock with a price target raised to $90 from $85 by Piper Sandler, maintaining a "Neutral" rating [1] - The firm anticipates a challenging year for the Security & Infrastructure Software sector in 2025 but expresses cautious optimism for 2026, highlighting interesting valuation levels for several companies [1] - Fortinet announced the launch of the Fortinet Secure AI Data Center solution, developed in collaboration with Arista Networks, aimed at providing a scalable, zero-trust architecture for AI data centers [2] Group 2 - Fortinet specializes in cybersecurity and the convergence of networking and security solutions, although some analysts believe other AI stocks may offer greater upside potential with less downside risk [3]