Cantor Fitzgerald Maintains Neutral on Fortinet, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Fortinet (NASDAQ:FTNT) but raises the price target from $65 to $88.
October 29, 2024 | 4:06 pm
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POSITIVE IMPACT
Cantor Fitzgerald has maintained a Neutral rating on Fortinet but increased the price target from $65 to $88, indicating a more positive outlook.
The increase in price target from $65 to $88 suggests a more optimistic view on Fortinet's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100