Cantor Fitzgerald Reiterates Neutral on Fortinet, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated a Neutral rating on Fortinet (NASDAQ:FTNT) and maintained a price target of $50.
November 21, 2023 | 3:35 pm
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Cantor Fitzgerald analyst reaffirms a Neutral rating on Fortinet with a steady price target of $50.
The reiteration of a Neutral rating and maintenance of the price target by Cantor Fitzgerald is not a new development and is likely to have a neutral short term impact on Fortinet's stock price. The analyst's view remains unchanged, suggesting no new significant information that would alter investor sentiment or stock valuation.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100