Goldman Sachs Maintains Buy on Fortinet, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges has maintained a 'Buy' rating on Fortinet (NASDAQ:FTNT) but lowered the price target from $78 to $70.
October 24, 2023 | 2:19 pm
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Goldman Sachs has maintained a 'Buy' rating on Fortinet but lowered the price target from $78 to $70.
The news is directly about Fortinet and is likely to impact its stock price. While the 'Buy' rating is maintained, the lowering of the price target may create some uncertainty among investors, potentially affecting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100