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Zacks-Jul 15, 03:30 PM
Fortinet (FTNT) Upgraded to Zacks Rank #1 (Strong Buy) on Rising Earnings Estimates
Fortinet (FTNT) has been upgraded to a Zacks Rank #1 (Strong Buy), placing it in the top 5% of Zacks-covered stocks based on positive earnings estimate revisions. Over the past three months, the Zacks Consensus Estimate for FTNT has risen 6.5%, with the company expected to earn $3.15 per share for the fiscal year ending December 2026.
Why it matters: The Zacks Rank system, which tracks changes in sell-side EPS estimates, has produced an average annual return of +25% for Rank #1 stocks since 1988.