Wedbush Maintains Outperform on Fortinet, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Fortinet (NASDAQ:FTNT) and increased the price target from $75 to $86.
February 07, 2024 | 1:48 pm
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Wedbush analyst Daniel Ives reaffirmed an Outperform rating on Fortinet and raised the price target from $75 to $86.
The increase in price target by a reputable analyst like Daniel Ives suggests a strong bullish outlook on Fortinet's stock. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100