RBC Capital Maintains Sector Perform on Fortinet, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Dan Bergstrom maintains a Sector Perform rating on Fortinet (NASDAQ:FTNT) and raises the price target from $68 to $72.
August 07, 2024 | 4:36 pm
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RBC Capital analyst Dan Bergstrom maintains a Sector Perform rating on Fortinet and raises the price target from $68 to $72.
The raised price target from $68 to $72 indicates a positive outlook from RBC Capital, which could lead to a short-term increase in Fortinet's stock price. However, the Sector Perform rating suggests that the stock is expected to perform in line with the market, moderating the overall impact.
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