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BofA lifts cybersecurity stock targets to reflect long-term growth outlook
['Simon Mugo', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
AI is increasing data volumes, expanding attack surfaces and making security systems more complex, supporting durable spending across the sector.
Cloudflare's price objective was lifted to $330 from $255, with its Buy rating retained.
Expanding automation and AI capabilities could also increase its share of enterprise security budgets.
SentinelOne's Buy rating was reiterated, with its target moving to $22 from $20.
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