JP Morgan Maintains Neutral on Fortinet, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and lowers the price target from $67 to $63.
May 03, 2024 | 6:56 pm
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JP Morgan analyst Brian Essex maintains a Neutral rating on Fortinet and lowers the price target from $67 to $63.
The reduction in price target by JP Morgan suggests a bearish outlook on Fortinet's short-term price potential, likely influencing investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100