Analysts Initiate Coverage on Fortinet and TIBCO Today

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage on November 3rd.

  • Fortinet (NASDAQ:FTNT): UBS initiated coverage of this company with a rating of Neutral and a price target of $24. About the company: Fortinet Inc. provides network security solutions. The Company offers network security appliances and related software, and subscription services. Fortinet systems integrate the industry’s broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (NYSE:IPS), Web filtering, antispam, and traffic shaping. Get the most recent company news and stock data here >>
  • TIBCO Software (NASDAQ:TIBX): UBS initiated coverage of this company with a rating of Buy and a price target of $32. About the company: TIBCO Software Inc. provides electronic business infrastructure software products that enable business-to-business, business-to-consumer, and business-to-employee solutions. The Company’s software products enable businesses to link internal operations, business partners, and customer channels in real time. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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