Susquehanna Maintains Neutral on Fortinet, Maintains $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil has maintained a Neutral rating on Fortinet (NASDAQ:FTNT) and kept the price target at $80.
April 03, 2024 | 1:22 pm
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NEUTRAL IMPACT
Susquehanna maintains a Neutral rating on Fortinet with a $80 price target.
The maintenance of a Neutral rating and a steady price target by a significant analyst like Shyam Patil from Susquehanna suggests no immediate positive or negative catalysts for Fortinet's stock price in the short term. The analyst's view likely reflects a balanced outlook on the company's current valuation and future prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100