Goldman Sachs Maintains Buy on Fortinet, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges maintains a Buy rating on Fortinet (NASDAQ:FTNT) and raises the price target from $77 to $86.
July 25, 2023 | 12:00 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Fortinet and raises the price target from $77 to $86. This could potentially lead to an increase in the stock's price.
The raised price target by Goldman Sachs indicates a positive outlook for Fortinet. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100