Goldman Sachs Maintains Buy on Fortinet, Lowers Price Target to $60
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 $70 to $60.
November 06, 2023 | 1:06 pm
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Goldman Sachs has maintained a 'Buy' rating on Fortinet but lowered the price target from $70 to $60.
The news is directly related to Fortinet and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowered price target may cause some concern among investors, potentially leading to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100