Why Fortinet Stock Fell Hard Today
Shares of (NASDAQ: FTNT), a cybersecurity company, tumbled today after the company reported its third-quarter results. Fortinet beat Wall Street's consensus revenue and earnings estimates for the quarter, but investors latched onto the company's fourth-quarter sales guidance, which was lower than expected.
As a result, Fortinet stock was down by 6.3% as of 1:56 p.m. ET.
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Source Fool.com
Fortinet Inc. Stock
€67.42
0.240%
Our community is currently high on Fortinet Inc. with 15 Buy predictions and 6 Sell predictions.
As a result the target price of 97 € shows a positive potential of 43.87% compared to the current price of 67.42 € for Fortinet Inc..
