---
title: "Susquehanna maintains Fortinet at Neutral, lowers price target to $145 from $160"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303753611.md"
description: "Susquehanna maintained its Neutral rating on Fortinet but lowered the price target from $160 to $145, a 9.4% decrease. This new target implies a 4.2% upside from the October 29 close of $139.10. Recent analyst actions show price targets ranging from $140 to $190 across firms like RBC Capital, TD Cowen, Wedbush, Truist Securities, and Piper Sandler."
datetime: "2026-10-30T13:02:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303753611.md)
  - [en](https://longbridge.com/en/news/303753611.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303753611.md)
generator: "portal-rs"
---

# Susquehanna maintains Fortinet at Neutral, lowers price target to $145 from $160

Susquehanna maintained Fortinet at Neutral and lowered its price target to $145 from $160, a 9.4% decrease.

The price target implies an upside of 4.2% from the Oct 29 close of $139.10.

**Recent analyst actions on Fortinet**

| Date   | Firm              | Action    | Rating         | Price target |
| ------ | ----------------- | --------- | -------------- | ------------ |
| Oct 29 | RBC Capital       | Maintains | Sector Perform | $165         |
| Oct 29 | TD Cowen          | Maintains | Buy            | $190         |
| Oct 29 | Wedbush           | Maintains | Neutral        | $140         |
| Oct 29 | Truist Securities | Maintains | Buy            | $175         |
| Oct 29 | Piper Sandler     | Maintains | Neutral        | $140         |

Across the five most recent analyst notes published on Fortinet over the past 30 days, price targets range from $140 to $190.

Explore more price target data and ratings for Fortinet on the , and track all previous and future analyst recommendations in the dedicated News Flow.

**Disclaimer**

Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.

### Related Stocks

- [FTNT.US](https://longbridge.com/en/quote/FTNT.US.md)

## Related News & Research

- [Fortinet, Inc. $FTNT Position Boosted by Compass Financial Management LLC](https://longbridge.com/en/news/304415244.md)
- [Fortinet Teams Up With Equinix to Secure Distributed AI Workloads](https://longbridge.com/en/news/304469581.md)
- [These Analysts Slash Their Forecasts On Fortinet After Q3 Results](https://longbridge.com/en/news/303569657.md)
- [Fortinet (NASDAQ:FTNT) Releases Q4 2026 Earnings Guidance](https://longbridge.com/en/news/303763906.md)
- [Birinyi Associates Inc. Acquires 24,266 Shares of Fortinet, Inc. $FTNT](https://longbridge.com/en/news/303824444.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**