Large-cap Technology company Fortinet has logged a 0.5% change today on a trading volume of 366,151. The average volume for the stock is 4,653,229.
Fortinet, Inc. provides cybersecurity and networking solutions worldwide. Based in Sunnyvale, United States the company has 12,595 full time employees and a market cap of $48,419,016,704.
The company is now trading -16.01% away from its average analyst target price of $72.36 per share. The 33 analysts following the stock have set target prices ranging from $62.0 to $85.0, and on average give Fortinet a rating of buy.
Over the last year, FTNT shares have gone up 6.3%, which represents a difference of 8.0% when compared to the S&P 500. The stock's 52 week high is $69.07 per share whereas its 52 week low is $42.61. Based on Fortinet's compounded average operating margin growth of 8.2% over the last 4 years, its core business remains strong and its strong stock performance may continue in the long term.
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