Stifel Maintains Buy on Fortinet, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg maintains a 'Buy' rating on Fortinet (NASDAQ:FTNT) but lowers the price target from $72 to $69.
October 19, 2023 | 12:48 pm
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Stifel analyst maintains a 'Buy' rating on Fortinet but lowers the price target from $72 to $69.
The news is directly related to Fortinet and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100