Fortinet (FTNT -1.5%) slips after catching a downgrade to Market Perform from JMP, which is...
Tuesday, January 22, 1:15 PM ETFortinet (FTNT -1.5%) slips after catching a downgrade to Market Perform from JMP, which is worried about rising competition. Fast-growing Palo Alto Networks (PANW -0.5%) has emerged as a rival of sorts for Fortinet: while Fortinet's UTM appliances deliver better performance, Palo Alto's next-gen firewalls offer a more integrated set of tools for analyzing Web content and apps. Cisco, meanwhile, says it's willing to spend aggressively to turn around its security ops.
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