Daiwa Securities has updated its price target for Fortinet (FTNT) to $90, an increase from its previous target of $86. The firm has concurrently maintained a “Neutral” rating on the cybersecurity company’s stock. This adjustment reflects a modest change in their valuation outlook for Fortinet.
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Daiwa Securities Adjusts Fortinet Price Target to $90 From $86, Maintains Neutral Rating
Daiwa Securities has updated its price target for Fortinet (FTNT) to $90, an increase from its previous target of $86. The firm has concurrently maintained a “Neutral” rating on the cybersecurity company’s stock. This adjustment reflects a modest change in their valuation outlook for Fortinet.