There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Fortinet (FTNT – Research Report) and Dayforce Inc (DAY – Research Report) with bullish sentiments.
Fortinet (FTNT)
In a report released today, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Fortinet, with a price target of $81.00. The company’s shares closed last Friday at $63.40.
According to TipRanks.com, Kothari is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fortinet with a $76.07 average price target.
See Insiders’ Hot Stocks on TipRanks >>
Dayforce Inc (DAY)
In a report issued on April 19, Mark Marcon from Robert W. Baird maintained a Buy rating on Dayforce Inc, with a price target of $86.00. The company’s shares closed last Friday at $58.75, close to its 52-week low of $55.62.
According to TipRanks.com, Marcon is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dayforce Inc with a $77.13 average price target, a 26.4% upside from current levels. In a report issued on April 16, Mizuho Securities also maintained a Buy rating on the stock with a $95.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on FTNT:
- Fortinet Named a Challenger in the 2024 Gartner® Magic Quadrant™ for Security Service Edge
- Fortinet Releases its 2023 Sustainability Report
- Fortinet Wins Two Google Cloud Technology Partner of the Year Awards for Security
- Early notable gainers among liquid option names on April 3rd
- Fortinet Introduces Expansive Upgrades to its Real-Time Network Security Operating System to Empower Enterprises to Fortify Their Networks
