Analysts Conflicted on These Technology Names: Fortinet (FTNT), Netskope, Inc. (NTSK) and UiPath (PATH)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fortinet (FTNT – Research Report), Netskope, Inc. (NTSK – Research Report) and UiPath (PATH – Research Report).
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Fortinet (FTNT)
TD Cowen analyst Shaul Eyal reiterated a Buy rating on Fortinet today and set a price target of $100.00. The company’s shares closed last Wednesday at $83.48.
According to TipRanks.com, Eyal is a 5-star analyst with an average return of
Fortinet has an analyst consensus of Hold, with a price target consensus of $87.70.
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Netskope, Inc. (NTSK)
In a report released today, Eric Heath from KeyBanc assigned a Buy rating to Netskope, Inc., with a price target of $15.00. The company’s shares closed last Wednesday at $12.13, close to its 52-week low of $9.13.
According to TipRanks.com, Heath is a 4-star analyst with an average return of
Netskope, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $20.83, representing a 70.3% upside. In a report issued on February 25, FBN Securities also initiated coverage with a Buy rating on the stock with a $15.00 price target.
UiPath (PATH)
In a report released today, Jason Celino from KeyBanc maintained a Hold rating on UiPath. The company’s shares closed last Wednesday at $12.38.
According to TipRanks.com, Celino is a 2-star analyst with an average return of
Currently, the analyst consensus on UiPath is a Hold with an average price target of $14.00, implying a 16.7% upside from current levels. In a report issued on February 26, TipRanks – Google also downgraded the stock to Hold with a $10.50 price target.
