Fortinet Announces Industry’s First Generative AI IoT Security Assistant and New GenAI Capabilities for Network and Security Operations

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Go back to Fortinet Announces Industry’s First Generative AI IoT Security Assistant and New GenAI Capabilities for Network and Security Operations

Fortinet (FTNT) PT Lowered to $55 at Cantor Fitzgerald

May 3, 2024 6:55 AM EDT

Cantor Fitzgerald analyst Yi Fu Lee lowered the price target on Fortinet (NASDAQ: FTNT) to $55.00 (from $65.00) while maintaining a Neutral rating.

The analyst comments "We are maintaining our Neutral rating and lowering our PT to $55 from $65 on continued hardware digestion headwinds. Fortinet delivered a... More