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Fly News Breaks for October 23, 2018
PANW, FTNT
Oct 23, 2018 | 10:01 EDT
JPMorgan analyst Sterling Auty said Fortinet's (FTNT) acquisition of ZoneFox makes "a lot of sense" given that the latter's machine learning threat hunting and endpoint detection and response capabilities. The plans to integrate this offering with Fortinet's endpoint security solution reminds Auty of what Palo Alto Networks (PANW) did with the acquisition of Secdo, he added. He keeps a Neutral rating on Fortinet shares.
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