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Fortinet Inc. sell HSBC Holdings plc

Start price
€68.39
07.02.24 / 50%
Target price
€52.91
07.02.25
Performance (%)
-18.32%
Price
€55.86
14:26
Summary
This prediction is currently active. The prediction for Fortinet Inc. shows a convincing performance of -18.32%. This prediction currently runs until 07.02.25. The prediction end date can be changed by HSBC_Holdings_plc at any time. HSBC_Holdings_plc has 50% into this prediction

Fortinet (Symbol: FTNT) is a multinational cybersecurity company, headquartered in Sunnyvale, California, renowned for its cutting-edge solutions that help protect organizations of varied sizes from cyber threats. The company is a pioneer in the development of innovative products like firewalls, endpoint security software, antivirus solutions, as well as a comprehensive range of unified threat management (UTM) solutions. With its market capitalization standing at approximately $44 billion, Fortinet is committed to maintaining high standards of protection, seizing a sizable market share in the cybersecurity sector as businesses across the globe continue to rely on their top-notch services and technologies to shield against emerging and evolving threats.

Performance without dividends (%)
Name 1w 1m
Fortinet Inc. 0.559% 0.559%
iShares Core DAX® 1.851% 5.158%
iShares Nasdaq 100 1.573% 2.589%
iShares Nikkei 225® -0.412% -2.857%
iShares S&P 500 1.128% 2.485%

Comments by HSBC_Holdings_plc for this prediction

In the thread Fortinet Inc. diskutieren
Prediction Sell
Perf. (%) -18.32%
Target price 52.907
Change
Ends at 07.02.25

Fortinet, Inc. (NASDAQ: FTNT) was downgraded by analysts at HSBC Holdings plc from a "hold" rating to a "reduce" rating. They now have a $57.00 price target on the stock.
Ratings data for FTNT provided by MarketBeat

Stopped prediction by HSBC_Holdings_plc for Fortinet Inc.

Fortinet Inc.

Start price
Target price
Perf. (%)
€54.99
03.05.24
€50.16
03.05.25
1.65%
14:26