Netskope initiated with an Outperform at William Blair

William Blair initiated coverage of Netskope (NTSK) with an Outperform rating. Netskope’s platform solution allows customers to have a more secure, better-performing, data-centric, and modernized network security capability, the analyst tells investors in a research note. With the rise of AI in all of its various forms, the need to more granularly understand interactions between users and AI to apply policies to accessing data should lead to even stronger adoption of Netskope, the firm says.