Fortinet Investor Concerns Seen as Misguided -- Market Talk
Dow Jones
Jan 24
1246 ET - The negative investor sentiment surrounding Fortinet is off-base, say TD Cowen analysts who upgrade the stock to buy. The analysts say their channel checks suggest fourth-quarter revenue upside, while concerns about rising memory costs are overblown. A positive demand backdrop exists across the company's core markets with network security a top budget priority cited by the majority of respondents in a TD Cowen survey. "AI is not eating security software but rather augmenting it," the analysts say. Shares rise 5.6%. (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
January 23, 2026 12:46 ET (17:46 GMT)
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