Home Newsfeeds Keybanc Downgrades Fortinet to Sector Weight

Keybanc Downgrades Fortinet to Sector Weight

Keybanc analyst Michael Turits downgrades Fortinet (NASDAQ:FTNT) from Overweight to Sector Weight.

byBenzinga Newsdesk

February 8, 2023

1 minute read

Keybanc analyst Michael Turits downgrades Fortinet (NASDAQ:FTNT) from Overweight to Sector Weight.

Needham Maintains Buy on Cerence, Lowers Price Target to $30

By Benzinga Newsdesk

August 10, 4:57 AM

Needham analyst Rajvindra Gill maintains Cerence (NASDAQ:CRNC) with a Buy and lowers the price target from $46 to $30.

CRNC

Spotify Turns Up The Volume On Pricing, Premium Plans See A Hike

By Shivani Kumaresan

June 3, 10:12 AM

Spotify shares surge as the company hiked U.S. premium plan prices. Subscribers will be informed via email about the changes: individual plans rising to $11.99 from $10.99, duo plans to $16.99 from $14.99, and family plans to $19.99 from $16.99. This move aims to boost profit margins amidst competition from Apple and Amazon, focusing on premium services that drive most of Spotify's revenue.

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Southwest Airlines’ Free Bag Policy Under Pressure After Elliott’s $1.9B Stake

By Shivani Kumaresan

June 12, 7:54 AM

Southwest Airlines is at a crossroads with its "bags fly free" policy as Elliott Investment Management reportedly pushes for changes after acquiring a $1.9 billion stake. The airline is considering introducing fees for checked bags, aligning more with industry trends that saw $33.3 billion in baggage fees last year.

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