Rosenblatt Maintains Buy on Fortinet, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on Fortinet (NASDAQ:FTNT) and raises the price target from $65 to $85.
February 07, 2024 | 12:43 pm
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Rosenblatt analyst Catharine Trebnick maintains a Buy rating on Fortinet and raises the price target from $65 to $85.
The increase in price target by Rosenblatt from $65 to $85, while maintaining a Buy rating, suggests a strong bullish outlook on Fortinet by the analyst. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price, as market participants often react to such analyst upgrades.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100