BMO Capital Maintains Market Perform on Fortinet, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains a Market Perform rating on Fortinet (NASDAQ:FTNT) and raises the price target from $70 to $76.
August 07, 2024 | 2:53 pm
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BMO Capital analyst Keith Bachman maintains a Market Perform rating on Fortinet and raises the price target from $70 to $76.
The raised price target from $70 to $76 indicates a positive outlook from BMO Capital, which could lead to a short-term increase in Fortinet's stock price. However, the Market Perform rating suggests that the stock may not outperform the market significantly.
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