Fortinet Slides As Wunderlich Drops To Hold; Cuts Target
By:
Forbes Real Time
Fortinet shares are losing ground Tuesday after Wunderlich Securities analyst Brian Freed this morning cut his rating on the security software company's shares to Hold from Buy, while reducing his target price on the stock to $22, from $28. The call comes ahead of the company's December quarter financial results, due after the close Wednesday.
Fortinet shares are losing ground Tuesday after Wunderlich Securities analyst Brian Freed this morning cut his rating on the security software company's shares to Hold from Buy, while reducing his target price on the stock to $22, from $28. The call comes ahead of the company's December quarter financial results, due after the close Wednesday.
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