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Fortinet Inc. buy Guggenheim

Start price
€55.09
25.06.24 / 50%
Target price
€75.61
25.06.25
Performance (%)
2.14%
Price
€56.27
28.06.24
Summary
This prediction is currently active. The BUY prediction by Guggenheim shows slight gains of 2.14%. This prediction currently runs until 25.06.25. The prediction end date can be changed by Guggenheim at any time. Guggenheim 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
Fortinet Inc. 2.14%
iShares Core DAX® 0.238%
iShares Nasdaq 100 -0.304%
iShares Nikkei 225® 2.271%
iShares S&P 500 -0.296%

Comments by Guggenheim for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Buy
Perf. (%) 2.14%
Target price 75.605
Change
Ends at 25.06.25

Fortinet, Inc. (NASDAQ: FTNT) had its "buy" rating re-affirmed by analysts at Guggenheim. They now have a $81.00 price target on the stock.
Ratings data for FTNT provided by MarketBeat