A price target raise from an analyst was the fuel that powered 's (NASDAQ: FTNT) stock higher at the start of the trading week. The cybersecurity company's shares leaped nearly 5% skyward on the day, well outpacing the 0.2% rise of the S 500 index.

That morning, Morgan Stanley prognosticator Hamza Fodderwala upped his price target on Fortinet stock to $84 per share. That's a nearly 10% lift from his previous level of $77. Fodderwala maintained his recommendation of overweight -- buy, in other words -- on the cybersecurity company's shares. 

The analyst's new take on Fortinet came as part of a broader review of the cybersecurity sector. Although he feels the industry is facing a challenging period at the moment, several companies have a good chance of withstanding the headwinds. In addition to Fortinet, Fodderwala also flagged CrowdStrike, Palo Alto Networks, and Check Point Software Technologies as potential outperformers.

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Source Fool.com