10 Buzzing AI Stocks on Latest News and Ratings

7. Fortinet, Inc. (NASDAQ:FTNT)

Number of Hedge Fund Holders: 47

Fortinet, Inc. (NASDAQ:FTNT) is a cybersecurity company that provides enterprise-level next-generation firewalls and network security solutions. On January 16, Citi raised the firm’s price target on Fortinet to $101 from $100 and kept a “Neutral” rating on the shares. The rating has been issued as part of a 2025 systems software outlook. The firm is “generally more bullish” about IT and software development companies because they are growing well and have a strong connection with artificial intelligence. The firm quoted that these companies have a “cleaner” tether to general artificial intelligence. However, it is not as optimistic about cybersecurity companies, which is why it remains “selectively constructive” on cybersecurity names. Moreover, Citi’s chief information security officer survey has shown “mostly uninspiring” results.