Wedbush Reiterates Neutral on Fortinet on Coyote Point Systems Acquisition
March 22, 2013 at 14:24 PM EDT
In a report published Friday, Wedbush analyst Rohit Chopra reiterated a Neutral rating and $25.00 price target on Fortinet (NASDAQ: FTNT ). In the report, Chopra noted, “Fortinet announced the acquisition of Coyote Point Systems. No terms have been disclosed, but the company indicated that the acquisition would have an