Fortinet, Inc. (NASDAQ:FTNT) stock will rise for the rest of this year because of solid demand in the cybersecurity market, according to JPMorgan . JPMorgan analyst Sterling Auty on Monday raised his rating on Fortinet to Overweight from Neutral, saying the valuation now seems attractive. The analyst said his checks with people in the industry indicate firewall companies like Fortinet have lots of deals in their pipelines this month and will likely end the quarter with solid earnings.
Fortinet, Inc. (NASDAQ:FTNT), a Technology sector firm, traded 1.68 Million shares in last trading session with closing price of $75.84 per share. Company gross margin stands at 75.10% whereas its return on investment (ROI) is 34.10%. Stock value has moved between $61.16 – 97.23 in last one year. Analyst’s mean target price for Fortinet, Inc. (NASDAQ:FTNT) is $91.62 while analysts mean recommendation is 2.60. FTNT EPS growth this year is 294.60%.
On last trading day, Two Harbors Investment Corp. (NYSE:TWO) shares closed at $12.75 per share. TWO market capitalization is 3459.46 with beta of 0.68. Analyst’s mean target price for Two Harbors Investment Corp. (NYSE:TWO) is $14.47 whereas analysts mean recommendation is 2.20. Its weekly performance is 1.19% while year to date (YTD) performance is -0.70%.
In last session ADT Inc. (NYSE:ADT) traded 1.41 Million shares and was closed at $6.11. Analyst’s mean target price for ADT is $9.75 while analysts mean recommendation is 2.20. Company is -37.91% away from its 52 week high and is moving 4.80% ahead of its 52 week low. ADT Gross Margin is 76.20% and its return on assets is -3.00%. ADT Inc. (NYSE:ADT) quarterly performance is -0.81% while its price to sale ratio is 0.99.
First Solar, Inc. (NASDAQ:FSLR), a Technology sector firm, traded 784265 shares on last trading day with closing price of $62.68 per share. Company gross margin stands at 9.90% whereas its return on investment (ROI) is 0.50%. Stock value has moved between $36.44 – 65.29 in last one year. Analyst’s mean target price for First Solar, Inc. (NASDAQ:FSLR) is $70.28 while analysts mean recommendation is 2.20. FSLR EPS growth this year is -45.70%.
