Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fortinet (FTNT – Research Report) and Intel (INTC – Research Report).
Fortinet (FTNT)
In a report released today, Rob Owens from Piper Sandler maintained a Hold rating on Fortinet, with a price target of $75.00. The company’s shares closed last Tuesday at $68.85.
According to TipRanks.com, Owens is a top 100 analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fortinet with a $74.90 average price target.
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Intel (INTC)
Goldman Sachs analyst Toshiya Hari maintained a Sell rating on Intel today and set a price target of $39.00. The company’s shares closed last Tuesday at $43.94.
According to TipRanks.com, Hari is a top 100 analyst with an average return of
Intel has an analyst consensus of Hold, with a price target consensus of $46.48, representing a 5.8% upside. In a report released today, J.P. Morgan also reiterated a Sell rating on the stock with a $37.00 price target.
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Read More on FTNT:
- Fortinet Introduces Expansive Upgrades to its Real-Time Network Security Operating System to Empower Enterprises to Fortify Their Networks
- Fortinet to Announce First Quarter 2024 Financial Results
- DA Davidson cybersecurity analysts hold analyst/industry conference call
- Cantor Fitzgerald tech equities analysts hold analyst/industry conference call
- Fortinet patches security flaw in EMS software, BleepingComputer says
