Form 8-K Fortinet, Inc. For: May 02
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Fortinet (FTNT) PT Lowered to $69 at UBS
May 3, 2024 7:01 AM EDTUBS analyst Fatima Boolani lowered the price target on Fortinet (NASDAQ: FTNT) to $69.00 (from $76.00) while maintaining a Neutral rating.
The analyst comments "1Q results were mixed, with billings coming in 1% light of expectations, but with modest upside to revenue, primarily driven by upside to... More
Fortinet (FTNT) PT Lowered to $55 at Cantor Fitzgerald
May 3, 2024 6:55 AM EDTCantor Fitzgerald analyst Yi Fu Lee lowered the price target on Fortinet (NASDAQ: FTNT) to $55.00 (from $65.00) while maintaining a Neutral rating.
The analyst comments "We are maintaining our Neutral rating and lowering our PT to $55 from $65 on continued hardware digestion headwinds. Fortinet delivered a... More
Fortinet (FTNT) PT Lowered to $68 at RBC Capital
May 3, 2024 6:40 AM EDTRBC Capital analyst Dan Bergstrom lowered the price target on Fortinet (NASDAQ: FTNT) to $68.00 (from $71.00) while maintaining a Sector Perform rating.
The analyst comments "The quarter and outlook were again mixed and likely weigh on the stock over the near-term. We thought the... More
