Netskope jumps as brokerages launch coverage with bullish ratings
13/10/2025 15:37
Updates ** Shares of cybersecurity firm Netskope NTSK.O rise 5.6% in early morning trading ** At least nine brokerages initiate coverage with largely bullish ratings as post-IPO research quiet period ends ** Morgan Stanley and J.P.Morgan were the lead underwriters for the offering ** J.P.Morgan says rising cloud and AI adoption is boosting already strong security demand, with company well-positioned to benefit in key areas such as network, data and AI security ** Netskope is one of the few mid-cap companies that can deliver strong annual recurring revenue growth at scale with expanding profitability margins - Wells Fargo ** NTSK currently trades at $22.98 compared with the IPO price of $19 apiece ** Following are some of the ratings and PTs on the stock:
| Brokerage | Rating | PT |
| J.P.Morgan | Overweight | $26 |
| Piper Sandler | Overweight | $28 |
| RBC Capital Markets | Outperform | $26 |
| Deutsche Bank | Buy | $25 |
| Wells Fargo | Overweight | $28 |
| BMO | Outperform | $26 |
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