JP Morgan Maintains Overweight on Fortinet, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains an Overweight rating on Fortinet (NASDAQ:FTNT) but lowers the price target from $74 to $67.

October 25, 2023 | 6:53 pm
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JP Morgan maintains an Overweight rating on Fortinet but lowers the price target from $74 to $67, which may impact the stock's performance.
The news of JP Morgan maintaining an Overweight rating on Fortinet indicates a positive outlook for the company. However, the lowering of the price target from $74 to $67 might create a negative sentiment among investors, potentially impacting the stock's performance in the short term.
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IMPORTANCE 80
RELEVANCE 100