Piper Sandler Raises PT on Fortinet (FTNT) Stock

1 week ago 4

Bob Karr

Sun, January 11, 2026 astatine 12:59 PM CST 1 min read

Fortinet, Inc. (NASDAQ:FTNT) is 1 of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 5, Piper Sandler expert Rob Owens lifted the terms people connected the company’s banal to $90 from $85 portion keeping a “Neutral” rating, arsenic reported by The Fly. As per the firm, 2025 was a hard twelvemonth for its Security & Infrastructure Software coverage. That being said, the steadfast remains cautiously optimistic for a amended twelvemonth successful 2026. This condemnation is backed by the information that respective names are present entering the twelvemonth astatine absorbing valuation levels and are well-placed to beryllium longer-term GenAI winners.

Piper Sandler Raises PT connected Fortinet (FTNT) Stock

In a antithetic update, Fortinet, Inc. (NASDAQ:FTNT) announced the Fortinet Secure AI Data Center solution, which has been built successful adjacent collaboration with starring exertion spouse Arista Networks, deployed astatine Monolithic Power Systems (MPS).

The institution further announced that the solution tends to unite best-of-breed networking arsenic good arsenic information to present a validated, scalable, zero-trust architecture for an AI information center.

Fortinet, Inc. (NASDAQ:FTNT) offers cybersecurity and convergence of networking and information solutions.

While we admit the imaginable of FTNT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.