Exploring Analyst Estimates for Fortinet (FTNT) Q3 Earnings, Beyond Revenue and EPS - Zacks Investment Research
Exploring Analyst Estimates for Fortinet (FTNT) Q3 Earnings, Beyond Revenue and EPS - Zacks Investment Research（摘要待生成）
FTNT fell 6.98% as cybersecurity shares and the broader tech market sold off
On Oct. 16, FTNT closed at $169.21, down $12.70 (6.98%). AP reported the Nasdaq fell 2.1% and the S&P 500 1.1% amid concerns over AI-buildout spending. Yahoo Finance reported Palo Alto Networks fell 7%, SentinelOne 9%, Zscaler 6%, and cybersecurity ETF CIBR 4%, attributing the sector decline to AI-financing concerns. No Fortinet-specific catalyst was established in these reports.
Wells Fargo and Mizuho raised Fortinet price targets but maintained bearish ratings
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.
Mizuho, Wells Fargo and UBS raised Fortinet targets; ratings stayed unchanged
On Oct. 15, Gregg Moskowitz at Mizuho raised its target $138→$160 (Underperform); Richard Poland at Wells Fargo raised $135→$160 (Underweight); Roger Boyd at UBS raised $180→$200 (Hold/Neutral). FTNT was $169.92 in Benzinga’s table. The firms’ ratings were unchanged.
Fortinet (FTNT) Stock Dips While Market Gains: Key Facts - Yahoo Finance
Fortinet (FTNT) Stock Dips While Market Gains: Key Facts - Yahoo Finance（摘要待生成）
Wells Fargo Maintains Underweight on Fortinet, Raises Price Target to $160
Wells Fargo Maintains Underweight on Fortinet, Raises Price Target to $160（摘要待生成）
Why Fortinet Stock Slumped on Wednesday
Why Fortinet Stock Slumped on Wednesday（摘要待生成）