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Versor Investments LP Has $1.46 Million Position in Fortinet, Inc. $FTNT
Versor Investments LP significantly increased its holding in Fortinet, Inc. by 127.1% in the fourth quarter, bringing its total investment to $1.46 million. Despite Fortinet’s recent strong financial performance, exceeding revenue and EPS expectations, Wall Street analysts maintain a mixed “Hold” rating with an average price target below its recent 52-week high.