2 Security Companies Melting Up After Income

FTNT and NET are two of the top companies currently trading on Wall Street.

Following their respective revenue reports, two security companies are in the news this morning. &nbsp, Fortinet Inc ( NASDAQ: FTNT ) and Cloudflare Inc ( NYSE: NET ) are both some of the best stocks on Wall Street today, melting up even as the broader market struggles for direction.

FTNT is 5 % higher in premarket buying, after the &nbsp, reported a top-line hit for the fourth quarter. In response, no fewer than 11 brokerages hiked their price targets, the highest coming from Piper Sandler to$ 135 from$ 120. The stocks are poised to start at record highs and develop on their 50 % year-over-year levels.

NET, however, is eyeing a 10 % roll out of the wall, after the company’s earnings triple play for the fourth quarter. Although Oppenheimer downgraded the stock to “perform” from “outperform”, 10 different companies issued price-target excursions. Cloudflare may also start at a record high, and has added 31.4 % already in 2025.

Both companies have recently experienced a rise in negative bets in the options pits. &nbsp, At the International Securities Exchange ( ISE), Cboe Options Exchange ( CBOE), and NASDAQ OMX PHLX ( PHLX ), FTNT’s and NET’s respective 10-day put/call volume ratio’s sit in the 80th and 89th percentile of their annual range.

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