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Fortinet's stock gains as earnings beat estimates, despite mixed signals from major investors.
APG Asset Management US Inc. bought $1.93 million worth of Fortinet stock, while Renaissance Group LLC sold some shares, reducing their holdings.
Fortinet reported earnings of $0.67 per share, beating estimates.
The stock has a "Hold" rating with a $105.77 target price.
Separately, BNP Paribas downgraded Fortive Inc.'s stock rating to "neutral," but the company's earnings of $1.17 per share surpassed expectations.
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Las ganancias bursátiles de Fortinet a medida que las ganancias superan las estimaciones, a pesar de las señales mixtas de los principales inversores.