Wells Fargo Maintains Overweight on Fortinet, Raises Price Target to $90
Portfolio Pulse from jenniferd'souza@benzinga.com
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Fortinet (NASDAQ:FTNT) and raises the price target from $80 to $90.
July 31, 2023 | 10:50 am
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Fortinet and raises the price target from $80 to $90, indicating a positive outlook for the company.
The raised price target by Wells Fargo indicates a positive outlook for Fortinet. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100