Deutsche Bank Maintains Hold on Fortinet, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick maintains a Hold rating on Fortinet (NASDAQ:FTNT) and raises the price target from $71 to $75.

August 07, 2024 | 5:35 pm
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Deutsche Bank analyst Brad Zelnick maintains a Hold rating on Fortinet and raises the price target from $71 to $75.
The raised price target from $71 to $75 indicates a positive outlook from Deutsche Bank, which could lead to a short-term increase in Fortinet's stock price. However, the Hold rating suggests a cautious approach, limiting the potential upside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100