However, there’s an alternative viewpoint you could be overlooking. Could there be a more favorable option? It turns out that

TD Cowen upgraded the cybersecurity company to Buy, arguing that fears about AI replacing software are overstated and that billings could outperform in 2026.

We recently compiled a list of the 20 Most Profitable Stocks of the Last 20 Years. The next stock on our list is Fortinet, Inc. (NASDAQ:FTNT). TheFly reported on January 23 that TD Cowen analyst Shaul Eyal upgraded FTNT to Buy from Hold with an unchanged price target of $100.

Fortinet posted 14% revenue and billings growth, with operating margin reaching 37% and service revenues supporting long-term margin objectives. Learn more about FTNT stock here.

Fortinet Inc (NASDAQ:FTNT) shares are trading higher on Friday following an analyst upgrade. Here's what you should know today.

Analyst Shaul Eyal cited solid channel checks suggesting stability as fiscal year 2026 unfolds. While keeping the current model intact, Eyal sees potential upside to fourth quarter 2025 billings and revenue estimates, which are currently projected at 11.6% and 13.3% YoY growth, respectively.

Fortinet stock has done well in the past year, but its latest quarterly report failed to wow investors. Fortinet's conservative guidance led investors to press the panic button despite healthy growth in a couple of lucrative cybersecurity niches.

Buying $1000 In FTNT: If an investor had bought $1000 of FTNT stock 10 years ago, it would be worth $13,583.36 today based on a price of $78.05 for FTNT at the time of writing.

Investing.com -- Rosenblatt Research upgraded Fortinet to Buy from Neutral and raised its price target to $100 from $85, citing signs of an inflection in demand ahead of the company’s fourth-quarter results due on first week of February.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter,