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Fly News Breaks for August 18, 2016
FTNT, CHKP, PANW, FEYE
Aug 18, 2016 | 07:46 EDT
JMP Securities analyst Erik Suppger noted that Cisco's (CSCO) advanced threat security solution grew 80% year-over-year. The analyst thinks that the system is taking share, and he believes that this bodes badly for FireEye (FEYE) and, to a more limited extent, vendors such as Palo Alto Networks (PANW) Check Point Software (CHKP), and Fortinet (FTNT). The analyst keeps an Outperform rating on Palo Alto and Fortinet and Market Perform ratings on Check Point and FireEye.
News For FEYE;PANW;CHKP;FTNT From the Last 2 Days
CHKP
Apr 25, 2024 | 08:53 EDT
Sees Q2 revenue $607M-637M, consensus $623.27M. Comments taken from Q1 earnings conference call.
