Mizuho Maintains Neutral on Fortinet, Lowers Price Target to $68
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and lowers the price target from $81 to $68.
August 04, 2023 | 3:25 pm
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NEGATIVE IMPACT
Mizuho has maintained a Neutral rating on Fortinet and lowered the price target from $81 to $68.
The lowering of the price target by Mizuho indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Fortinet's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100