Fortinet (FTNT) PT Raised to $110 at Cantor Fitzgerald
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Baird downgrades internet security stocks on valuation
February 3, 2025 9:42 AM ESTInvesting.com --Â Baird downgraded major cybersecurity stocks, Cloudflare Inc (NYSE: NET), CrowdStrike Holdings Inc (NASDAQ: CRWD), and... More
Baird Downgrades Fortinet (FTNT) to Neutral
February 3, 2025 3:55 AM ESTBaird analyst Shrenik Kothari downgraded Fortinet (NASDAQ: FTNT) from Outperform to Neutral with a price target of $112.00 (from $105.00).
The analyst comments: "Excluding RBRK, which had its IPO in April 2024, FTNT was the strongest performer under coverage in 2024 (up ~61% vs. IGV up ~23%). Though still... More
