Analysts Offer Insights on Technology Companies: Gen Digital (GEN) and Fortinet (FTNT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Gen Digital (GEN – Research Report) and Fortinet (FTNT – Research Report).
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Gen Digital (GEN)
In a report released today, Robert Coolbrith from Evercore ISI reiterated a Buy rating on Gen Digital, with a price target of $37.00. The company’s shares closed last Friday at $24.12.
According to TipRanks.com, Coolbrith is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gen Digital with a $33.60 average price target, representing a 41.7% upside. In a report released yesterday, TipRanks – Anthropic also upgraded the stock to Buy with a $24.50 price target.
See Insiders’ Hot Stocks on TipRanks >>
Fortinet (FTNT)
Roth MKM analyst Imtiaz Koujalgi maintained a Hold rating on Fortinet today and set a price target of $90.00. The company’s shares closed last Friday at $81.57.
According to TipRanks.com, Koujalgi is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Fortinet with a $88.14 average price target, a 7.8% upside from current levels. In a report issued on February 2, Scotiabank also downgraded the stock to Hold with a $85.00 price target.
