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FTNTBearishAnalyst Target Updateanalyst
High materiality8/10

Fortinet downgraded to Reduce from Hold at HSBC

Jun 29, 2026, 9:01 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

bearish

AI summary

What happened, with direct paths to the underlying reporting

HSBC downgraded FTNT to Reduce from Hold; Target $102; posted price $155.42.

  • HSBC cuts FTNT to Reduce; price $155.42, target $102.

Key facts

  1. 01

    Target: $102

  2. 02

    Posted price: $155.42

  3. 03

    Analyst firm: HSBC

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