SPY317.05+4.82 1.54%
DIA263.00+4.58 1.77%
IXIC10,433.65+226.02 2.21%

UPDATE: Barclays Maintains Equal-Weight on Fortinet, Raises Price Target to $118; Cites 4 Reasons:

1. Appliance mix of market will decrease, but dollars will not. 2. Secure SD-WAN mix will increase in both dollars and mix. 3. New NP7 processor coming in early 2020. 4. ~30% unit market share will go to ~50%

Benzinga · -

1. Appliance mix of market will decrease, but dollars will not.
2. Secure SD-WAN mix will increase in both dollars and mix.
3. New NP7 processor coming in early 2020.
4. ~30% unit market share will go to ~50% in the future.