Wells Fargo maintains Fortinet at Underweight, lowers price target to $115 from $160

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Wells Fargo maintained Fortinet at Underweight and lowered its price target to $115 from $160, a 28.1% decrease.

The price target implies a downside of 17.3% from the Oct 29 close of $139.10.

Recent analyst actions on Fortinet

DateFirmActionRatingPrice target
Oct 30SusquehannaMaintainsNeutral$145
Oct 29RBC CapitalMaintainsSector Perform$165
Oct 29TD CowenMaintainsBuy$190
Oct 29WedbushMaintainsNeutral$140
Oct 29Truist SecuritiesMaintainsBuy$175

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
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