JP Morgan Maintains Neutral on Fortinet, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and raises the price target from $63 to $70.
August 07, 2024 | 5:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan analyst Brian Essex maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and raises the price target from $63 to $70.
The raised price target from $63 to $70 indicates a positive outlook on Fortinet's stock, which could lead to a short-term price increase. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100