On July 12, Wedbush analyst Daniel Ives added Fortinet, Inc. (NASDAQ:FTNT) to the firm's 'Best Ideas List', whilst reiterating an 'Outperform' rating along with a $76 price target. The analyst expressed confidence on the company's ability to execute its long-term vision of continuing to gain market share, given that it is enjoying benefits from strong tailwinds and its proprietary ASIC technology.