This Fortinet Analyst Turns Bearish; Here Are Top 5 Downgrades For Tuesday
Benzinga·09/02/2025 12:11:50
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
- Morgan Stanley analyst Meta Marshall downgraded Fortinet, Inc. (NASDAQ:FTNT) from Equal-Weight to Underweight and cut the price target from $78 to $67. Fortinet shares closed at $78.77 on Friday. See how other analysts view this stock.
- Jones Trading analyst Stephen Glagola downgraded IREN Limited (NASDAQ:IREN) from Buy to Hold. IREN shares closed at $26.48 on Friday. See how other analysts view this stock.
- Macquarie analyst Andrew Bowler downgraded Newmont Corporation (NYSE:NEM) from Outperform to Neutral and announces $72 price target. Newmont shares closed at $74.40 on Friday. See how other analysts view this stock.
- Morgan Stanley analyst Chris Snyder downgraded Fortive Corporation (NYSE:FTV) from Overweight to Equal-Weight and cut the price target from $90 to $50. Fortive shares closed at $47.86 on Friday. See how other analysts view this stock.
- UBS analyst Graham Doyle downgraded the rating for Fresenius Medical Care AG (NYSE:FMS) from Neutral to Sell. Fresenius Medical Care shares closed at $25.70 on Friday. See how other analysts view this stock.
Considering buying FTNT stock? Here’s what analysts think:
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