Rosenblatt Lifts Fortinet to Buy, Cites Firewall Refresh and SASE Upside Ahead of Q4 Results
Rosenblatt Research upgraded Fortinet from Neutral to Buy and increased its price target to $100 from $85, pointing to reseller feedback that indicates strengthening demand tied to a hardware refresh cycle displacing older Cisco firewall systems. The firm sees additional upside from SASE adoption linked to firewall upgrades, aggressive Q4 sales exe…