14 Trending AI Stocks on Latest Ratings and News

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9. Fortinet, Inc. (NASDAQ:FTNT)

Number of Hedge Fund Holders: 47 

Fortinet, Inc. (NASDAQ:FTNT) provides cybersecurity and convergence of networking and security solutions worldwide. The Fortinet SecOps platform offers the broadest range of sensors that utilize AI and other advanced analytics to continuously assess cyberthreats. On November 19, RBC Capital analyst Dan Bergstrom raised the price target on the stock to $97 from $82 and kept a Sector Perform rating on the shares. The company’s Analyst Day presentation did a good job in highlighting its opportunity, customer journey across Secure Networking, Unified SASE and Ai-Drive SecOps, and potential product refresh while offering medium term targets, the advisory told investors in a research note.

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