UPDATE: Bank of America Upgrades Fortinet on More Favorable Risk/Reward
December 03, 2013 at 10:46 AM EST
In a report published Tuesday, Bank of America analyst Tal Liani upgraded the rating on Fortinet (NASDAQ: FTNT ) from Neutral to Buy, and reiterated the $24.00 price target. In the report, Bank of America noted, “We upgrade our rating on Fortinet from Neutral to Buy and maintain our PO