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Cantor Fitzgerald analyst Jonathan Ruykhaver reiterates Fortinet (NASDAQ:FTNT) with a Neutral and maintains $87 price target.
Mizuho analyst Gregg Moskowitz maintains Fortinet (NASDAQ:FTNT) with a Underperform and lowers the price target from $74 to $70.
Trump, in January, said "inflation has been defeated." Wall Street is now bracing for a 0.9% monthly CPI surge — the steepest since June 2022.
Fortinet Inc shares are trading lower Friday as cybersecurity stocks slid on Anthropic data-exposure reports and AI security concerns.