FORTINET INC (FTNT)
US34959E1091 - Common Stock
ChartMill assigns a Buy % Consensus number of 71% to FTNT. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 75.26. This target is -8.27% below the current price.
FTNT was analyzed by 50 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about FTNT.
In the previous month the buy percentage consensus was at a similar level.
FTNT was analyzed by 50 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-10-17 | Mizuho | Downgrade | Neutral -> Underperform |
| 2024-10-09 | TD Cowen | Maintains | Buy -> Buy |
| 2024-10-07 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2024-09-13 | Citigroup | Maintains | Neutral -> Neutral |
| 2024-08-08 | Susquehanna | Maintains | Neutral -> Neutral |
| 2024-08-07 | Cantor Fitzgerald | Maintains | Neutral -> Neutral |
| 2024-08-07 | ScotiaBank | Maintains | Sector Outperform -> Sector Outperform |
| 2024-08-07 | BMO Capital | Maintains | Market Perform -> Market Perform |
| 2024-08-07 | UBS | Maintains | Neutral -> Neutral |
| 2024-08-07 | Deutsche Bank | Maintains | Hold -> Hold |
| 2024-08-07 | Needham | Reiterate | Hold |
| 2024-08-07 | RBC Capital | Maintains | Sector Perform -> Sector Perform |
| 2024-08-07 | Rosenblatt | Maintains | Buy -> Buy |
| 2024-08-07 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-08-07 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2024-08-07 | JP Morgan | Maintains | Neutral -> Neutral |
| 2024-08-07 | Baird | Maintains | Outperform -> Outperform |
| 2024-08-07 | Citigroup | Maintains | Neutral -> Neutral |
| 2024-08-05 | Rosenblatt | Maintains | Buy -> Buy |
| 2024-07-30 | Citigroup | Maintains | Neutral -> Neutral |
| 2024-07-29 | Guggenheim | Downgrade | Buy -> Neutral |
| 2024-07-18 | TD Cowen | Upgrade | Hold -> Buy |
| 2024-07-17 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2024-07-11 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2024-06-25 | Guggenheim | Reiterate | Buy -> Buy |
| 2024-06-11 | Needham | Reiterate | Hold |
| 2024-06-11 | Rosenblatt | Maintains | Buy -> Buy |
| 2024-05-22 | Wedbush | Reiterate | Outperform -> Outperform |
| 2024-05-06 | Susquehanna | Maintains | Neutral -> Neutral |
| 2024-05-03 | Cantor Fitzgerald | Maintains | Neutral -> Neutral |