Fortinet shares are trading lower after Mizuho downgraded the stock from Neutral to Underperform.
Portfolio Pulse from Benzinga Newsdesk
Fortinet shares declined following a downgrade by Mizuho from Neutral to Underperform.
October 17, 2024 | 12:35 pm
News sentiment analysis
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NEGATIVE IMPACT
Fortinet's stock is experiencing a decline due to a downgrade by Mizuho from Neutral to Underperform.
The downgrade by Mizuho is a significant negative signal for investors, likely leading to a decrease in investor confidence and a short-term decline in Fortinet's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100