Where Fortinet Stands With Analysts
Portfolio Pulse from Benzinga Insights
Fortinet (NASDAQ:FTNT) has received various analyst ratings in the last quarter, with a total of 8 bullish, 10 somewhat bullish, and 8 indifferent ratings. The average 12-month price target for Fortinet over the last 3 months is $78.35, a 4.1% decrease from the previous average price target of $81.70.
October 19, 2023 | 12:00 pm
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Fortinet has received mixed analyst ratings in the last quarter, with the average 12-month price target being $78.35, a decrease from the previous target.
The mixed analyst ratings indicate uncertainty about the company's performance. The decrease in the average 12-month price target suggests that analysts are less optimistic about the company's future performance, which could potentially impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100