Fortinet stock downgraded after weakest firewall results since IPO

As the network security vendor transitions to a focus on fast-growing areas such as SASE, Wall Street analysts are airing concerns

clock • 4 min read
Fortinet stock downgraded after weakest firewall results since IPO

Fortinet was downgraded by at least six equity analysts Friday after the network security vendor reported the first year-over-year decline in firewall sales since it went public in 2009, along with...

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