Rosenblatt Maintains Buy on Fortinet, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick maintains a 'Buy' rating on Fortinet (NASDAQ:FTNT) but has lowered the price target from $75 to $65.
November 03, 2023 | 9:50 pm
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NEUTRAL IMPACT
Rosenblatt maintains a 'Buy' rating on Fortinet but lowers the price target from $75 to $65.
The news is directly related to Fortinet. 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