Danny Naz: Fortinet attracts Wall Street upgrades amid optimism on cybersecurity demand

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Olga Shendetskaya

21.07.2026

Danny Naz: Fortinet attracts Wall Street upgrades amid optimism on cybersecurity demand — Fortinet gets analyst upgrades on demand

Danny Naz reports that Fortinet is drawing renewed attention from Wall Street, with analysts showing a more constructive outlook on the cybersecurity company.

Baird has raised its price target to $120, while Morgan Stanley upgraded the stock to Equal Weight and set a $133 target, pointing to improving demand and advancements in AI-driven security.

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Danny Naz has previously covered analyst activity in high-profile tech sectors. He reported when Wedbush set a $190 price target for SpaceX, citing Starlink and AI growth. Naz has also discussed combining technical and fundamental factors to inform trading strategies in his approach to market analysis.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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