Cantor Fitzgerald Maintains Neutral on Fortinet, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and raises the price target from $55 to $65.
August 07, 2024 | 6:02 pm
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Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Fortinet and raises the price target from $55 to $65.
The raised price target from $55 to $65 indicates a positive outlook on Fortinet's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the analyst does not see significant upside potential beyond the new target.
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