RBC Capital Maintains Sector Perform on Fortinet, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Dan Bergstrom maintains a Sector Perform rating on Fortinet (NASDAQ:FTNT) and lowers the price target from $71 to $68.
May 03, 2024 | 5:10 pm
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RBC Capital analyst Dan Bergstrom maintains a Sector Perform rating on Fortinet and lowers the price target from $71 to $68.
The reduction in price target by RBC Capital suggests a more conservative outlook on Fortinet's stock value in the short term, potentially leading to a negative impact on its stock price as investors adjust their expectations.
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