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stocksJul 3, 2026, 1:39 PM

Fortinet Gains Momentum Toward $200 Target

Fortinet (FTNT) extended its rally above the previous $140 target and is now eyeing $200, according to an Elliott Wave analysis.

FTNT

Fortinet (FTNT) continued its upward move, surpassing the prior $140 target. The current Elliott Wave pattern suggests an upside extension with a new projected target around $200 per share.

The analysis focuses on this extension, which could indicate further bullish momentum. Traders are watching key levels as the stock attempts to reach the milestone.

Note: This is based on technical wave analysis and does not constitute investment advice.

Source: FXStreet Forex News