Fortinet Completes Acquisition of Lacework

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Fortinet (FTNT) PT Lowered to $68 at Rosenblatt

August 5, 2024 6:58 AM EDT

Rosenblatt analyst Catherine Trebnick lowered the price target on Fortinet (NASDAQ: FTNT) to $68.00 (from $85.00) while maintaining a Buy rating.

The analyst comments "Fortinet is set to report Q2 earnings on August 6th, and our channel checks suggest potential cause for... More