Wedbush Reiterates Outperform on Fortinet, Maintains $86 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives reiterates an Outperform rating on Fortinet (NASDAQ:FTNT) and maintains a price target of $86.
May 01, 2024 | 1:43 pm
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Wedbush analyst Daniel Ives reaffirms an Outperform rating on Fortinet with a steady price target of $86.
The reiteration of an Outperform rating by a reputable analyst like Daniel Ives suggests a positive outlook on Fortinet's stock, potentially influencing investor sentiment and stock price positively in the short term. The maintenance of the $86 price target indicates confidence in the company's value and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100