News summaryStablecoin Development / NYSE American statement, reported by TipRanksOct 15, 2026, 12:00 PM

Wells Fargo and Mizuho raised Fortinet price targets but maintained bearish ratings

FTNTaiartificial_intelligencecloud_computing

On October 15, Mizuho raised its FTNT target to $160 from $138 and maintained Underperform; Mizuho cited healthy Q3 channel checks, strong public-cloud and consumption data, and robust AI adoption. Wells Fargo raised its target to $160 from $135 and maintained Underweight.