Analysts Offer Insights on Technology Companies: Fortinet (FTNT), Fastly (FSLY) and Sportradar Group AG (SRAD)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fortinet (FTNT – Research Report), Fastly (FSLY – Research Report) and Sportradar Group AG (SRAD – Research Report).
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Fortinet (FTNT)
In a report released today, Tal Liani from Bank of America Securities maintained a Buy rating on Fortinet. The company’s shares closed last Thursday at $80.07.
According to TipRanks.com, Liani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fortinet with a $85.60 average price target, representing a 12.6% upside. In a report issued on October 30, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $96.00 price target.
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Fastly (FSLY)
Bank of America Securities analyst Tomer Zilberman reiterated a Sell rating on Fastly today. The company’s shares closed last Thursday at $10.28.
According to TipRanks.com, Zilberman is a 4-star analyst with an average return of
Currently, the analyst consensus on Fastly is a Hold with an average price target of $10.83.
Sportradar Group AG (SRAD)
Craig-Hallum analyst Ryan Sigdahl reiterated a Buy rating on Sportradar Group AG today. The company’s shares closed last Thursday at $23.16, close to its 52-week high of $23.49.
According to TipRanks.com, Sigdahl is a 4-star analyst with an average return of
Sportradar Group AG has an analyst consensus of Strong Buy, with a price target consensus of $33.50, a 43.3% upside from current levels. In a report issued on October 31, Arete Research also upgraded the stock to Buy with a $31.00 price target.
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