Analysts Conflicted on These Technology Names: Fortinet (FTNT) and Apple (AAPL)

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Analysts have been eager to weigh in on the Technology sector with new ratings on Fortinet (FTNTResearch Report) and Apple (AAPLResearch Report).

Fortinet (FTNT)

Bernstein analyst Peter Weed maintained a Hold rating on Fortinet yesterday and set a price target of $67.00. The company’s shares closed last Monday at $60.09.

According to, Weed is a 3-star analyst with an average return of 2.1% and a 41.9% success rate. Weed covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks.

Currently, the analyst consensus on Fortinet is a Hold with an average price target of $70.46, a 19.2% upside from current levels. In a report released yesterday, Needham also maintained a Hold rating on the stock.

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