Netskope initiated with an Overweight at Wells Fargo

Wells Fargo initiated coverage of Netskope (NTSK) with an Overweight rating and $13 price target The firm says Netskope is one of the few mid-cap cyber companies that can grow annual recurring revenue at 30% with favorable unit economics. The company offers a compelling way to play the secular data security theme, files to sell common stock, no amount given