BMO Capital Downgrades Fortinet (FTNT) to Market Perform

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Go back to BMO Capital Downgrades Fortinet (FTNT) to Market Perform

BMO Capital sidelined on Fortinet (FTNT) over market concerns

February 2, 2023 8:09 AM EST

BMO Capital Markets downgraded Fortinet, Inc. (NASDAQ: FTNT) to a Market perform rating (From Outperform) and cut the price target on the stock to $57.00 (From $58.00) due to concerns on the strength of the firewall market in CY23. They also reduced product revenue estimates for FTNT by 3% in... More

Fortinet (FTNT) PT Lowered to $65 at MKM Partners

January 31, 2023 8:26 AM EST

MKM Partners analyst Catharine Trebnick lowered the price target on Fortinet (NASDAQ: FTNT) to $65.00 (from $70.00) while maintaining a Buy rating.... More