Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Corero Network Security ( (GB:CNS) ) has provided an announcement.
Corero Network Security has announced its first customer contracts for its CORE platform, marking a significant expansion in its cybersecurity offerings. The company secured a $1.5 million contract with TierPoint to integrate its new Layer 7 DDoS protection, enhancing TierPoint’s security platform for hybrid and multi-cloud environments. Additionally, Corero signed a $0.3 million agreement with Cooper University Health Care to deploy its Zero Trust Access Control capabilities, enhancing cybersecurity for Cooper Health’s online infrastructure. These contracts highlight Corero’s strategic move beyond its traditional DDoS protection market, addressing the growing demand for comprehensive cybersecurity solutions.
The most recent analyst rating on (GB:CNS) stock is a Buy with a £24.00 price target. To see the full list of analyst forecasts on Corero Network Security stock, see the GB:CNS Stock Forecast page.
Spark’s Take on GB:CNS Stock
According to Spark, TipRanks’ AI Analyst, GB:CNS is a Neutral.
Corero Network Security’s overall stock score reflects robust financial growth and strategic corporate developments, counterbalanced by bearish technical indicators and high valuation. While the company demonstrates strong strategic initiatives, the current stock price may not be justified by earnings, suggesting caution to potential investors.
To see Spark’s full report on GB:CNS stock, click here.
More about Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, offering real-time, automated detection and mitigation with deep network visibility and analytics. The company safeguards critical infrastructure across various deployment models, including inline, edge, and hybrid cloud. Corero is developing CORE, an observability and resiliency ecosystem to unify defensive actions across modern threat landscapes. Headquartered in London, it operates centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, and is listed on the London Stock Exchange’s AIM market and the US OTCQX Market.
Average Trading Volume: 226,229
Technical Sentiment Signal: Hold
Current Market Cap: £74.26M
For an in-depth examination of CNS stock, go to TipRanks’ Overview page.