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Fortinet (FTNT) Worth a Look: Stock Adds 13.6% in Session

Fortinet, Inc.FTNT was a big mover last session, as the company saw its shares rise over 13% on the day. The move came after the company reported better-than-expected fourth-quarter 2016 results. This led to far more shares changing hands than in a normal session. This continues the uptrend of the company, as the stock is now up 24% in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days, while the Zacks Consensus Estimate moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher can last.

Fortinet carries a Zacks Rank #3 (Hold).

Fortinet, Inc. Price

Fortinet, Inc. Price | Fortinet, Inc. Quote

A better-ranked stock in the same industry is Top Image Systems Ltd. TISA , carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

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Fortinet, Inc. (FTNT): Free Stock Analysis Report

Top Image Systems, Ltd. (TISA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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