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CY4GATE Secures €2 Million Cybersecurity Contracts with Italian Banks

Story Highlights
  • CY4GATE is a key player in cybersecurity, offering advanced solutions for digital protection.
  • The company secured €2 million in contracts, reinforcing its market position and trust.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CY4GATE Secures €2 Million Cybersecurity Contracts with Italian Banks

Confident Investing Starts Here:

An announcement from CY4Gate SpA ( (IT:CY4) ) is now available.

CY4GATE has secured two-year contracts worth approximately €2 million with major Italian corporate clients in the banking sector, highlighting the company’s role as a trusted technology partner. These contracts, which include new software licenses and upsells, underscore the growing importance of cybersecurity as a strategic investment for business resilience and operational continuity, strengthening CY4GATE’s market position and trust among stakeholders.

The most recent analyst rating on (IT:CY4) stock is a Buy with a EUR7.00 price target. To see the full list of analyst forecasts on CY4Gate SpA stock, see the IT:CY4 Stock Forecast page.

More about CY4Gate SpA

CY4GATE is a national and European player in the cybersecurity and cyber intelligence industry, focusing on providing advanced anti-fraud technological solutions to protect digital perimeters and enhance cyber resilience for corporate infrastructures.

Average Trading Volume: 56,785

Technical Sentiment Signal: Hold

Current Market Cap: €124.7M

For an in-depth examination of CY4 stock, go to TipRanks’ Stock Analysis page.

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