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The sharp rating downgrade and target materially below the posted price give this update a clear bearish direction; it remains a single analyst view.
What happened, with direct paths to the underlying reporting
Arete Research downgraded Fortinet from Buy to Sell and set a $117 target, below the posted price of $170.93.
Target: $117
Posted price: $170.93
Analyst firm: Arete Research
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