Citi and BMO Capital have both increased their price targets for Fortinet, Inc. (FTNT) following strong fourth-quarter earnings and a positive outlook for FY26 billings growth. Despite some caution regarding service growth, analysts anticipate potential upside for the company’s top-line estimates and increasing traction in the Secure Access Service Edge (SASE) market. Fortinet is a cybersecurity provider headquartered in California.
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Fortinet, Inc. (FTNT) Gets Price Target Boosts, Here's Why
Citi and BMO Capital have both increased their price targets for Fortinet, Inc. (FTNT) following strong fourth-quarter earnings and a positive outlook for FY26 billings growth. Despite some caution regarding service growth, analysts anticipate potential upside for the company’s top-line estimates and increasing traction in the Secure Access Service Edge (SASE) market. Fortinet is a cybersecurity provider headquartered in California.