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Analysts Offer Insights on Technology Companies: Fortinet (FTNT), Accenture (ACN) and Nvidia (NVDA)

Tipranks - Fri Mar 13, 6:58AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Fortinet (FTNTResearch Report), Accenture (ACNResearch Report) and Nvidia (NVDAResearch Report).

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Fortinet (FTNT)

In a report released today, Jonathan Ruykhaver from Cantor Fitzgerald reiterated a Hold rating on Fortinet, with a price target of $87.00. The company’s shares closed last Wednesday at $83.48.

According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 19.6% and a 57.6% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Rubrik, Inc. Class A, and BigBearai Holdings. ;'>

Currently, the analyst consensus on Fortinet is a Hold with an average price target of $87.70, which is a 4.0% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $88.00 price target.

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Accenture (ACN)

In a report released today, David Grossman from Stifel Nicolaus maintained a Buy rating on Accenture, with a price target of $315.00. The company’s shares closed last Wednesday at $201.48.

According to TipRanks.com, Grossman is a 2-star analyst with an average return of 0.7% and a 46.2% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, Automatic Data Processing, and Exlservice Holdings. ;'>

Currently, the analyst consensus on Accenture is a Moderate Buy with an average price target of $283.67, implying a 39.4% upside from current levels. In a report issued on February 26, TipRanks – DeepSeek also upgraded the stock to Buy with a $220.00 price target.

Nvidia (NVDA)

Cantor Fitzgerald analyst C J Muse reiterated a Buy rating on Nvidia today and set a price target of $300.00. The company’s shares closed last Wednesday at $186.03.

According to TipRanks.com, Muse is a top 25 analyst with an average return of 61.0% and a 71.8% success rate. Muse covers the Technology sector, focusing on stocks such as Advanced Micro Devices, GlobalFoundries Inc, and Applied Materials. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $273.61 average price target, implying a 47.2% upside from current levels. In a report issued on February 25, Truist Financial also maintained a Buy rating on the stock with a $283.00 price target.

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