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Netskope initiated with a Buy at Rosenblatt

Rosenblatt analyst Catharine Trebnick initiated coverage of Netskope (NTSK) with a Buy rating and $15 price target The firm views Netskope as a “high-quality, sub-scale leader” in the consolidating secure access Service edge market with a “long runway for share gains.” The company can sustain above-market growth while steadily improving gross margin, operating margin, and free cash flow, the analyst tells investors in a research note.

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