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 07, 2023 | 2:43 pm
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NEUTRAL IMPACT
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 indicate a potential downside, leading to mixed market reactions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100