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Fortinet Inc (Symbol: FTNT) shares have surpassed the average 12-month analyst target price of $346.05, trading at $348.16 as of recent trading. The company saw contributions from 20 analysts, with price targets ranging from as low as $180.00 to as high as $425.00, resulting in a standard deviation of $63.966.
Current analyst ratings for Fortinet include 10 Strong Buy, 2 Buy, 8 Hold, and 1 Strong Sell, with an average rating of 2.05 (on a scale from 1 to 5, where 1 is Strong Buy). This reflects a consistent outlook from analysts, indicating that investors may need to reassess the valuation following the stock’s recent price movement.
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