- 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.
Fortinet’s Progress Is Real, But It Seems Largely Priced In
January 27th, 2019 · No Comments