Recent Analyst Price Targets and Ratings for Fortinet.

Fortinet's stock price has been subject to various analyst target updates and ratings changes. BTIG upgraded Fortinet to Buy and set a $125 price target, while Rosenblatt and Wedbush also raised their targets to $125 and Stifel to $102. Meanwhile, Fortinet traded at a 52-week high of $108.78 in intraday trading.

Recent news suggests analysts are optimistic about Fortinet with several upgrades and target increases announced over the past few hours.

BTIG, for instance, upgraded its rating on Fortinet to 'Buy' with a new price target of $125. This was joined by fellow bullish updates from Rosenblatt, setting a target of $125, and Wedbush, who increased its price target to $125, maintaining an 'Outperform' rating. Less optimistic, but still constructive, was an adjustment from Stifel which cut its target price on Fortinet to $102 from $85.

While some analysts are revising upwards, other notable changes have come from UBS. The bank increased its price target on the stock from $90 to $115 while maintaining its Neutral rating and has also been in the news this week due to adjustments on stocks like UBS just hiked Delta Air Lines price target to $95, based on their premium cabin strategy targets of $13 EPS, and a raise of Delta Air Lines stock price target from UBS on Delta Air Lines's potential margin expansion path,.

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