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Fortinet Inc. buy Rosenblatt Securities

Start price
€70.01
25.07.23 / 50%
Target price
€85.96
25.07.24
Performance (%)
-24.45%
End price
€52.89
26.07.24
Summary
This prediction ended on 26.07.24 with a price of €52.89. The price of Fortinet Inc. has decreased during the runtime of the prediction. Compared to the start price this resulted in a performance of -24.45%. Rosenblatt_Securitie has a follow-up prediction for Fortinet Inc. where he still thinks Fortinet Inc. is a Buy. Rosenblatt_Securitie has 50% into this prediction

Fortinet (Symbol: FTNT) is a multinational cybersecurity company, headquartered in Sunnyvale, California, renowned for its cutting-edge solutions that help protect organizations of varied sizes from cyber threats. The company is a pioneer in the development of innovative products like firewalls, endpoint security software, antivirus solutions, as well as a comprehensive range of unified threat management (UTM) solutions. With its market capitalization standing at approximately $44 billion, Fortinet is committed to maintaining high standards of protection, seizing a sizable market share in the cybersecurity sector as businesses across the globe continue to rely on their top-notch services and technologies to shield against emerging and evolving threats.

Performance without dividends (%)
Name 1w 1m 1y
Fortinet Inc. -0.044% -0.044% 24.738%
iShares Core DAX® 1.937% 1.473% 18.596%
iShares Nasdaq 100 -1.186% -0.040% 27.123%
iShares Nikkei 225® 1.938% 4.205% 17.502%
iShares S&P 500 -0.023% 0.109% 24.843%

Comments by Rosenblatt_Securitie for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Buy
Perf. (%) -24.45%
Target price 85.956
Change
Ends at 25.07.24

Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at Rosenblatt Securities from $80.00 to $95.00. They now have a "buy" rating on the stock.
Ratings data for FTNT provided by MarketBeat

In the thread Trading Fortinet Inc.
Prediction Buy
Perf. (%) -24.45%
Target price 85.956
Change
Ends at 25.07.24

Die von Rosenblatt_Securitie gewählte maximale Laufzeit wurde überschritten

Current prediction by Rosenblatt_Securitie for Fortinet Inc.

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€54.53
28.08.23
€83.26
28.08.24
24.56%
17:53

Stopped prediction by Rosenblatt_Securitie for Fortinet Inc.

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€50.86
05.08.24
€62.04
05.08.25
33.54%
17:53

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€55.56
11.06.24
€79.17
11.06.25
22.25%
17:53

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€57.09
03.05.24
€78.84
03.05.25
18.97%
17:53

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€64.00
03.04.24
€78.84
03.04.25
6.13%
17:53

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€68.39
07.02.24
€78.90
07.02.25
-0.69%
17:53

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€54.18
20.10.23
€70.85
20.10.24
25.36%
17:53

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€51.83
04.08.23
€81.70
04.08.24
-6.27%
05.08.24

buy
Fortinet Inc.

Start price
Target price
Perf. (%)
€57.25
01.05.23
-
01.05.24
4.17%
02.05.24