Morgan Stanley Maintains Overweight on Fortinet, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala has maintained an Overweight rating on Fortinet (NASDAQ:FTNT) but lowered the price target from $75 to $60.

November 03, 2023 | 12:54 pm
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Morgan Stanley has maintained an Overweight rating on Fortinet but lowered the price target from $75 to $60.
The news is directly related to Fortinet as Morgan Stanley has maintained an Overweight rating on the company but lowered the price target. This could potentially impact the stock's performance in the short term as investors adjust their expectations based on the new price target.
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