JP Morgan Lowered STIs 12-Month Price Target on Fortinet To $ 87 from $ 105 While Reiteating A Neutral Rating, Citing Caution Arance the Product Cycle and Mixed Recent Checks, According to Multiple Analyst-Tracking Reports Dated August 7, 2025.
The Reset Aligns with A Broader Wave of Target Red trees the Street Forem Fortinet’s Latest Update, With Firms Such As Mizuho and Jefferies Also Trimming Targets, and Consensus clustering in the Mid- $ 80s to loow- $ 90s Range for Near-Term Outlooks.
MARKET DATA AGGGORS SHOW AN AVERAGE ANALYST TARGET AROUND $ 96– $ 101 AHEAD OF THE MOVE, SUGGESTING JP MORGAN’S $ 87 STANCE SITS BELOW LONGER-TERM CONSENSUS BUT WITHTE THE NEWLY TIGHTENED POST-UPDATE BAND.
Context from Recent Coverage Indicates A Shift in sentiment tro to Services Growth Moderation and Timing of Firewall Refresh Benefits, With Sub Sub Houses Highlighting Risk of Slower Billings Acceleration versus Prior Expectations; Several Firms Updated Views on August 7 with Targets in the $ 85– $ 90 Range and Mostly Neutral/Hold Tones
Real-Time rating trackers attribute the JP Morgan Call to Analyst Brian Essex, Noting The Maintened Neutral Rating and the Target Cut To $ 87, implies Modest Upside From Recent Trading Levels But Reduced Confidenze versus Prior Experiences.
