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0.000494845360824761 0.000247422680412381 0.000742268041237142 0.000164948453608332 8.24742268041659E-05 -0.00585567010309273 -0.00585567010309273 -0.00585567010309273
Stock impact report

Fortinet: Nearing The Trough [Seeking Alpha]

Fortinet, Inc. (FTNT) 
Last fortinet, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fortinet.com
Company Research Source: Seeking Alpha
Conditions are expected to improve later in 2024 though. SASE and SecOps will eventually support Fortinet's growth as they scale. The Lacework acquisition should also boost Fortinet's cloud security business. While there is a risk that hardware sales will remain depressed for an extended period of time, Fortinet's valuation should limit downside. Fortinet's ( NASDAQ: FTNT ) business continues to struggle due to soft demand and excessive inventory levels throughout its supply chain. While conditions are currently difficult, Fortinet remains confident that headwinds will begin to ease later in 2024. Absent a further deterioration in macro conditions, this Recommended For You Recommended For You About FTNT Stock More on FTNT Related Stocks Trending Analysis Trending News Show less Read more
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