Barclays Maintains Equal-Weight on Fortinet, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Equal-Weight rating on Fortinet (NASDAQ:FTNT) and raises the price target from $74 to $85.
October 07, 2024 | 6:29 pm
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Barclays analyst Saket Kalia has maintained an Equal-Weight rating on Fortinet and increased the price target from $74 to $85, indicating a positive outlook.
The increase in price target from $74 to $85 by Barclays suggests a positive outlook for Fortinet's stock, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
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IMPORTANCE 80
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