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Fortinet’s Progress Is Real, But It Seems Largely Priced In

January 27th, 2019 · No Comments

  • The company has made considerable progress, especially with its Fabric platform which is an attractive proposition for enterprise customers.
  • While the company has performed better than expected and there is considerable operational leverage, much of this seems to be priced in the share price already.
  • There are some worries that the product cycle will decelerate, so we rate the stock a market perform.

Source: Fortinet’s Progress Is Real, But It Seems Largely Priced In – Fortinet, Inc. (NASDAQ:FTNT) | Seeking Alpha

Tags: FTNT