Wells Fargo Maintains Equal-Weight on Fortinet, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski has maintained an Equal-Weight rating on Fortinet (NASDAQ:FTNT) and increased the price target from $65 to $70.
February 07, 2024 | 3:54 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Fortinet and raised the price target from $65 to $70.
The increase in price target by Wells Fargo suggests a positive outlook on Fortinet's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90