Piper Sandler Maintains Neutral on Fortinet, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and lowers the price target from $75 to $70.
May 03, 2024 | 1:27 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Fortinet and lowers the price target from $75 to $70.
The reduction in price target by Piper Sandler suggests a less optimistic outlook on Fortinet's stock performance in the short term, potentially leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100