Mizuho lowered the firm’s price target on Netskope (NTSK) to $16 from $20 and keeps an Outperform rating on the shares. The company reported solid Q4 results but with less upside than expected, the analyst tells investors in a research note. Mizuho still believes Netskope is positioned “capitalize on a number of important growth drivers and initiatives,” including rising demand for cloud-based security and networking technologies.
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