Rosenblatt Maintains Buy on Fortinet, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on Fortinet and raises the price target from $72 to $85.
October 31, 2024 | 12:36 pm
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POSITIVE IMPACT
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on Fortinet and raises the price target from $72 to $85, indicating positive sentiment and potential upside.
The analyst's decision to maintain a Buy rating and increase the price target suggests confidence in Fortinet's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100