Analysts Offer Insights on Technology Companies: Fortinet (FTNT), Fastly (FSLY) and Infineon Technologies AG (OtherIFNNF)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fortinet (FTNT), Fastly (FSLY) and Infineon Technologies AG (IFNNF).
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Fortinet (FTNT)
Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Fortinet yesterday and set a price target of $116.00. The company’s shares closed last Wednesday at $89.95.
According to TipRanks.com, Borges 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 $96.50, an 8.7% upside from current levels. In a report issued on April 27, Arete Research also upgraded the stock to Buy with a $104.00 price target.
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Fastly (FSLY)
In a report released today, James Fish from Piper Sandler reiterated a Hold rating on Fastly, with a price target of $27.00. The company’s shares closed last Wednesday at $31.57.
According to TipRanks.com, Fish is a 4-star analyst with an average return of
Fastly has an analyst consensus of Moderate Buy, with a price target consensus of $24.00, implying a -23.8% downside from current levels. In a report issued on April 23, TipRanks – OpenAI also downgraded the stock to Hold with a $29.00 price target.
Infineon Technologies AG (IFNNF)
Deutsche Bank analyst Johannes Schaller CFA maintained a Buy rating on Infineon Technologies AG today and set a price target of EUR70.00. The company’s shares closed last Wednesday at $69.81.
CFA has an average return of
According to TipRanks.com, CFA is ranked #2607 out of 12228 analysts.
Infineon Technologies AG has an analyst consensus of Strong Buy, with a price target consensus of $71.93, which is a 4.2% upside from current levels. In a report issued on April 24, TipRanks – xAI also upgraded the stock to Buy with a EUR60.00 price target.
Read More on FTNT:
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- Fortinet upgraded to Buy at BTIG after ‘outstanding’ Q1 report
- Fortinet Gains on Strong Q1 and Raised Outlook, but Valuation Keeps Jonathan Ho at Hold
- TD Cowen sees Flex’s strong Q4 as positive indicator for Fortinet, Palo Alto Net
- Notable companies reporting after market close
- Fortinet reports Q1 non-GAAP EPS 82c, consensus 62c
