Some of the cybersecurity sector’s biggest winners this year can keep powering higher, according to a Jefferies analyst who shook up his ratings on a handful of key stocks Thursday.
Jefferies’ Joseph Gallo now has a preference for high-growth cloud-based companies that skew toward enterprise customers and have exposure to federal spending and vendor consolidation, he said in his latest note to clients. Such names can better withstand a “challenged” spending environment, in his view.
While…
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