Goldman Sachs Maintains Buy on Fortinet, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges has maintained a Buy rating on Fortinet (NASDAQ:FTNT) and increased the price target from $60 to $85.

February 08, 2024 | 3:39 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Fortinet and raises the price target from $60 to $85.
The increase in price target by a reputable analyst like Gabriela Borges from Goldman Sachs is a strong positive signal for Fortinet. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100