Fortinet (NASDAQ:FTNT) Coverage Initiated at Wells Fargo & Company

2026-04-01 18:45:05

Wells Fargo & Company has initiated coverage on Fortinet (NASDAQ:FTNT) with an “underweight” rating and a $64.00 price target, suggesting a potential 19.17% downside. This new rating contrasts with other recent analyst reports, which include “neutral,” “hold,” and “strong-buy” ratings, leading to an overall “Hold” consensus and an average target price of $88.62 for the cybersecurity company. The article also provides details on Fortinet’s price performance, recent earnings, and insider transactions.

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