Fortinet (FTNT) in our Pivotal Point Check: TD Cowen Raises Price Target to $100 - Why AI is Not a "Software Killer," but a Massive Growth Lever!

TD Cowen upgrades the stock to Buy - price target of $100. Experts see AI as a complement rather than a threat to security software. Strong market position through integrated "Security Fabric" and high operating margins of 36.9%. The California-based cybersecurity solutions provider experienced a significant price jump of around 8% on Friday, January 23. Fortinet broke through key technical resistances like the 100-day line. This upward momentum represents a potential turning point after a lengthy consolidation phase. The...