TD Cowen Maintains Buy on Fortinet, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Shaul Eyal maintains a Buy rating on Fortinet (NASDAQ:FTNT) and raises the price target from $75 to $90.
October 09, 2024 | 5:19 pm
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POSITIVE IMPACT
TD Cowen analyst Shaul Eyal has reaffirmed a Buy rating on Fortinet and increased the price target from $75 to $90, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100