Fortinet (NASDAQ:FTNT) Stock Rating Upgraded by Arete Research

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Arete Research has upgraded Fortinet (NASDAQ:FTNT) from a “strong sell” to a “strong-buy” rating. This upgrade comes as Fortinet’s stock trades up, with the company reporting strong quarterly earnings that beat analyst estimates. Insider selling by the CEO and VP has also been noted, alongside significant institutional investor activity.

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