Expert Ratings for Fortinet
Portfolio Pulse from Benzinga Insights
In the last quarter, 24 analysts have provided ratings for Fortinet (NASDAQ:FTNT), with 9 being bullish, 3 somewhat bullish, and 12 indifferent. The company has an average 12-month price target of $64.92, a decrease of 12.4% from the previous average price target of $74.11.
November 06, 2023 | 7:00 pm
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NEGATIVE IMPACT
Analysts' average 12-month price target for Fortinet has decreased by 12.4% to $64.92, indicating a potentially bearish outlook.
The decrease in the average 12-month price target for Fortinet suggests that analysts have a less optimistic outlook for the company's stock price in the short term. This could potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100