Barclays analyst Saket Kalia raised the firm’s price target on Fortinet to $75 from $68 and keeps an Overweight rating on the shares. The analyst previewed the Q1 results for the on-cycle reporting names in security, design and vertical software-as-a-service. The firm likes Fortinet (FTNT), Varonis Systems (VRNS), Rapid7 (RPD), Gen Digital (GEN) in security.
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Published first on TheFly
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