Fortinet, Inc. (NASDAQ:FTNT) shares are moving Monday after its price target was raised.
What To Know: Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $77 to $84.
Since the start of the year, the stock has rallied over 25%. More recently, during the past three months, the stock has risen over 17%.
The cybersecurity company announced that it will hold a conference call August 3 to discuss its second quarter 2023 financial results.
Related Link: What’s Going On With SoFi Stock Today?
FTNT Price Action: Shares of FTNT were up 5.29% at $78.63 at the time of publication, according to Benzinga Pro.
Image by Pete Linforth from Pixabay
