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Netskope initiated with a Buy at TD Cowen

TD Cowen initiated coverage of Netskope (NTSK) with a Buy rating and $30 price target The company is well positioned to “disrupt” a $150B total addressable market and sustain over 30% revenue growth in the longer-term, the analyst tells investors in a research note. The firm sees a sizable displacement opportunity for Netskope from legacy security providers.

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