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Analysts Offer Insights on Technology Companies: Affirm Holdings (AFRM) and Fortinet (FTNT)

Tipranks - Sat Feb 7, 5:06AM CST

Analysts fell to the sidelines weighing in on Affirm Holdings (AFRMResearch Report) and Fortinet (FTNTResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Affirm Holdings (AFRM)

BTIG analyst Vincent Caintic maintained a Hold rating on Affirm Holdings yesterday. The company’s shares closed last Thursday at $59.42.

According to TipRanks.com, Caintic is a 3-star analyst with an average return of 1.7% and a 49.2% success rate. Caintic covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Capital One Financial, and Regional Management. ;'>

Currently, the analyst consensus on Affirm Holdings is a Strong Buy with an average price target of $94.65, representing a 59.1% upside. In a report issued on January 30, TipRanks – OpenAI also downgraded the stock to Hold with a $68.00 price target.

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Fortinet (FTNT)

In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on Fortinet. The company’s shares closed last Thursday at $78.93.

According to TipRanks.com, Powell is a 4-star analyst with an average return of 7.9% and a 53.4% success rate. Powell covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software. ;'>

Fortinet has an analyst consensus of Hold, with a price target consensus of $83.08, a 2.6% upside from current levels. In a report issued on February 2, Scotiabank also downgraded the stock to Hold with a $85.00 price target.

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