Cantor Fitzgerald Reiterates Overweight on Fortinet, Maintains $75 Price Target
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated an Overweight rating on Fortinet (NASDAQ:FTNT) and maintained a $75 price target.
July 18, 2023 | 12:45 pm
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Cantor Fitzgerald has reiterated an Overweight rating on Fortinet and maintained a $75 price target.
The reiteration of an Overweight rating by Cantor Fitzgerald indicates a positive outlook for Fortinet. The maintained price target of $75 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100