Cantor Fitzgerald Reiterates Neutral on Fortinet, Maintains $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee has reiterated a Neutral rating on Fortinet (NASDAQ:FTNT) and maintained a $65 price target.
April 17, 2024 | 3:59 pm
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Cantor Fitzgerald analyst Yi Fu Lee reiterated a Neutral rating on Fortinet, with a maintained price target of $65.
The reiteration of a Neutral rating and maintenance of the price target at $65 by Cantor Fitzgerald suggests a stable outlook for Fortinet's stock in the short term. This analysis is based on the current market perception and the analyst's view, which is expected to have a neutral impact on the stock price, as it does not indicate a significant change in the company's valuation or market position.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100