Susquehanna Maintains Neutral on Fortinet, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and raises the price target from $65 to $70.

August 08, 2024 | 12:24 pm
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Susquehanna analyst Shyam Patil maintains a Neutral rating on Fortinet (NASDAQ:FTNT) and raises the price target from $65 to $70.
The raised price target from $65 to $70 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 stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100