UPDATE: JMP Upgrades Fortinet on Increased Security Breaches
January 28, 2014 at 11:06 AM EST
Tuesday's JMP securities morning note highlighted an upgrade from analyst Erik Suppinger, boosting Fortinet (NASDAQ: FTNT ) from Market Perform to Market Outperform, initiating a price target of $26. The report notes, "We believe the managed security service provider market is healthy and that the company is well positioned to