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Fortinet Inc. sell DZ Bank AG

Start price
€64.72
08.02.24 / 50%
Target price
€55.82
08.02.25
Performance (%)
62.42%
End price
€105.12
09.02.25
Summary
This prediction ended on 09.02.25 with a price of €105.12. The SELL prediction by DZ_Bank_AG for Fortinet Inc. was trending in the completely wrong direction and closed with a performance of 62.42%. DZ_Bank_AG has a follow-up prediction for Fortinet Inc. where he still thinks Fortinet Inc. is a Sell. DZ_Bank_AG has 50% into this prediction

Fortinet (Symbol: FTNT) is a multinational cybersecurity company, headquartered in Sunnyvale, California, renowned for its cutting-edge solutions that help protect organizations of varied sizes from cyber threats. The company is a pioneer in the development of innovative products like firewalls, endpoint security software, antivirus solutions, as well as a comprehensive range of unified threat management (UTM) solutions. With its market capitalization standing at approximately $44 billion, Fortinet is committed to maintaining high standards of protection, seizing a sizable market share in the cybersecurity sector as businesses across the globe continue to rely on their top-notch services and technologies to shield against emerging and evolving threats.

Performance without dividends (%)
Name 1w 1m 1y
Fortinet Inc. -1.374% -1.374% 64.514%
iShares Core DAX® -0.727% 2.783% 28.954%
iShares Nasdaq 100 1.839% 5.294% 5.747%
iShares Nikkei 225® -2.033% -0.196% -4.367%
iShares S&P 500 1.334% 4.044% 5.224%

Comments by DZ_Bank_AG for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Sell
Perf. (%) 62.42%
Target price 55.824
Change
Ends at 08.02.25

Fortinet, Inc. (NASDAQ: FTNT) was downgraded by analysts at DZ Bank AG from a "hold" rating to a "sell" rating. They now have a $60.00 price target on the stock.
Ratings data for FTNT provided by MarketBeat

In the thread Trading Fortinet Inc.
Prediction Sell
Perf. (%) 62.42%
Target price 55.824
Change
Ends at 08.02.25

Die von DZ_Bank_AG gewählte maximale Laufzeit wurde überschritten

Current prediction by DZ_Bank_AG for Fortinet Inc.

Fortinet Inc.

Start price
Target price
Perf. (%)
€94.00
06.05.25
€84.11
06.05.26
-4.38%
12:10