Guggenheim Upgrades Fortinet to Buy, Announces $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
Guggenheim analyst Raymond McDonough has upgraded Fortinet (NASDAQ:FTNT) from Neutral to Buy and set a price target of $70.
August 07, 2023 | 9:27 am
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Fortinet has been upgraded from Neutral to Buy by Guggenheim analyst Raymond McDonough, with a new price target of $70.
The upgrade from Neutral to Buy indicates a positive outlook for Fortinet by the analyst. The new price target of $70 suggests potential upside for the stock, which could lead to increased investor interest and a potential rise in the stock price in the short term.
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