While the maintenance of a Sector Outperform rating by Scotiabank indicates a positive outlook on Fortinet, the reduction in the price target from $90 to $80 could signal a tempered expectation for the stock's short-term performance. This adjustment reflects a nuanced view on the company's valuation, potentially due to revised earnings expectations or market conditions. Investors might interpret the lowered price target as a sign of caution, possibly leading to short-term pressure on the stock price. However, the continued positive rating suggests underlying confidence in the company's fundamentals and market position.