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flag Analysts raise Fortinet's price targets after strong earnings, though stock holds "Hold" rating.

flag Raymond James and other analysts have raised Fortinet's (NASDAQ:FTNT) price targets, citing strong earnings and growth potential. flag The company reported $1.43 billion in revenue for the latest quarter, surpassing analyst expectations. flag Fortinet’s stock reached $92.04 on Friday, with a market cap of $70.40 billion. flag Despite mixed ratings from various analysts, the overall consensus is a "Hold" with an average target price of $77.72. flag Institutional ownership stands at 83.71%, showing continued investor confidence.

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