- Number of Upgrades
- 20 (in the last 90 days)
- Consensus Rating
- Hold
- Rating Score
- 2.3
- Ratings Breakdown
- 10 Buy Ratings, 23 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $72.11 (6.9% Downside)
About Fortinet
Fortinet, Inc provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.
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Recent Analyst Ratings
Recent Recommendations for Fortinet:
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Barclays PLC from $74.00 to $85.00. They now have an "equal weight" rating on the stock. (10/7/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Citigroup Inc. from $66.00 to $76.00. They now have a "neutral" rating on the stock. (9/13/2024)
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating. (9/10/2024)
- Fortinet, Inc. (NASDAQ: FTNT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating. (8/29/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Susquehanna from $65.00 to $70.00. They now have a "neutral" rating on the stock. (8/8/2024)
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at DZ Bank AG from a "sell" rating to a "hold" rating. They now have a $65.00 price target on the stock. (8/8/2024)
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at Piper Sandler from a "hold" rating to a "strong-buy" rating. (8/7/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Royal Bank of Canada from $68.00 to $72.00. They now have a "sector perform" rating on the stock. (8/7/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Scotiabank from $61.00 to $75.00. They now have a "sector outperform" rating on the stock. (8/7/2024)
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Robert W. Baird from $75.00 to $80.00. They now have an "outperform" rating on the stock. (8/7/2024)
