RBC reduces the price target for Fortinet from$ 115 to$ 110, and maintains the sector perform rating.

Logo Fortinet, Inc.

Fortinet, Inc. is a leader in the development, marketing, and design of integrated security software and hardware for the protection of network and information system infrastructures as well as for the safety of company and government data. Depending on the revenue source, net sales are divided into sales of goods and services ( 63 % ). Net sales are distributed geographically as follows: the United States ( 30.3 % ), Americas ( 10.7 % ), Europe/Middle East/Africa ( 39.1 % ) and Asia/Pacific ( 19.9 % ).

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