Oppenheimer Sees Departure of Fortinet CFO/COO Ahmad Rubaie as a Near-Term Negative

In a report published Friday, Oppenheimer analyst Shaul Eyal reiterated an Outperform rating and $26.00 price target on Fortinet (NASDAQ: FTNT ). In the report, Oppenheimer noted, “FTNT announced that its CFO/COO, Ahmad Rubaie is departing for personal reasons. Nancy Bush, VP Corporate Controller was named interim CFO, a position