
Shares of cybersecurity firm Fortinet FTNT.O rise 2.9% to about $79.9 in premarket trading
TD Cowen lifts co's rating to "buy" from "hold"; maintains PT at $100
Brokerage says it sees its FY26 billings estimate of 11.6% revised higher on stable spending as AI is not replacing security software but rather augmenting it
11 of 43 brokerages rate the stock "buy" or higher, 29 "hold" and three "sell"; their median PT is $86 - LSEG data
Shares were down about 16.2% in 2025