Fortinet shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $77 to $84.
Portfolio Pulse from Benzinga Newsdesk
Fortinet shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $77 to $84.
July 10, 2023 | 3:12 pm
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Morgan Stanley has maintained an Overweight rating on Fortinet and raised its price target from $77 to $84, leading to a rise in Fortinet's share price.
The news directly pertains to Fortinet as Morgan Stanley has maintained an Overweight rating on the company and raised its price target. This is likely to increase investor confidence in the company, leading to a rise in its share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100