Piper Sandler Maintains Neutral on Fortinet, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and lowers the price target from $65 to $50.
November 03, 2023 | 8:12 pm
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Piper Sandler has lowered the price target for Fortinet from $65 to $50 while maintaining a Neutral rating.
The lowering of the price target by Piper Sandler indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Fortinet's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100