Fortinet shares are trading higher as the stock rebounds after falling last week on weak guidance. Guggenheim upgraded the stock from Neutral to Buy.
Portfolio Pulse from Benzinga Newsdesk
Fortinet shares are trading higher after a dip last week due to weak guidance. Guggenheim has upgraded the stock from Neutral to Buy.
August 07, 2023 | 11:10 am
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POSITIVE IMPACT
Fortinet's stock is rebounding after a dip last week. The stock has been upgraded from Neutral to Buy by Guggenheim.
The news of Guggenheim upgrading Fortinet's stock from Neutral to Buy is a positive signal for investors, which could lead to increased buying pressure and a potential increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100