Analysts Offer Insights on Technology Companies: Oracle (ORCL) and Fortinet (FTNT)
Analysts have been eager to weigh in on the Technology sector with new ratings on Oracle (ORCL – Research Report) and Fortinet (FTNT – Research Report).
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Oracle (ORCL)
In a report released today, Sebastien Naji from William Blair maintained a Buy rating on Oracle. The company’s shares closed last Tuesday at $149.40.
According to TipRanks.com, Naji is a 3-star analyst with an average return of
Currently, the analyst consensus on Oracle is a Strong Buy with an average price target of $258.78, representing a 68.5% upside. In a report issued on February 25, Oppenheimer also upgraded the stock to Buy with a $185.00 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 Tuesday at $84.20.
According to TipRanks.com, Powell is a 4-star analyst with an average return of
Currently, the analyst consensus on Fortinet is a Hold with an average price target of $87.70, representing a 4.1% upside. In a report released today, Barclays also maintained a Hold rating on the stock with a $88.00 price target.
