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Fortinet Inc. buy TD Cowen

Start price
€70.77
01.08.23 / 50%
Target price
€82.01
01.08.24
Performance (%)
-26.88%
End price
€51.75
02.08.24
Summary
This prediction ended on 02.08.24 with a price of €51.75. The prediction for Fortinet Inc. disappointed with a performance of -26.88%. TD_Cowen 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. -2.967% -2.967% 13.554%
iShares Core DAX® -2.385% 3.986% 16.836%
iShares Nasdaq 100 -4.527% -0.258% 18.824%
iShares Nikkei 225® -4.129% 4.382% 10.912%
iShares S&P 500 -2.885% 1.387% 20.391%

Comments by TD_Cowen for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Buy
Perf. (%) -26.88%
Target price 82.008
Change
Ends at 01.08.24

Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at TD Cowen from $85.00 to $90.00. They now have an "outperform" rating on the stock.
Ratings data for FTNT provided by MarketBeat

In the thread Trading Fortinet Inc.
Prediction Buy
Perf. (%) -26.88%
Target price 82.008
Change
Ends at 01.08.24

Die von TD_Cowen gewählte maximale Laufzeit wurde überschritten