security

Public cloud stocks have underperformed the broader market in recent years, and the market is only pricing in 5-percent topline growth through the end of the decade, according to an industrywide Morgan Stanley report. The sell-side firm's analysts project topline growth of 9 percent in the...

Shares of Fortinet Inc (NASDAQ: FTNT) have gained 23 percent since the start of 2018 and 45 percent over the past year, which implies the stock's valuation is full, according to KeyBanc Capital Markets.  The Analyst KeyBanc's Rob Owens downgraded Fortinet's stock rating from...

AlarmCom Hldg Inc (NASDAQ: ALRM), a cloud-based security provider, is scheduled to report its fourth-quarter results on Feb. 27.  The Analyst Imperial Capital's Jeff Kessler upgraded Alarm.com Holdings' stock rating from In-Line to Outperform with an unchanged $45 price target. The...

Security and identity management provider Okta Inc (NASDAQ: OKTA) is a core security holding, with the company's Cloud Identity system "a foundational security technology," according to Needham.  The Analyst Needham analyst Alex Henderson initiated coverage of the shares of...

ADT Inc (NYSE: ADT), the largest home security company, priced its January 2018 IPO at $14 per share — below the expected range of $17 to $19. On Tuesday, multiple Wall Street firms weighed in on the stock for the first time after the expiration of the quiet period. The Analysts Morgan...

OSI Systems, Inc. (NASDAQ: OSIS), a provider of security and inspection systems, disclosed in a recent 8-K filing that the SEC and DOJ are both investigating the trading of its securities. The disclosure was made following the release of its fiscal year 2018 second-quarter results after the close...

The semiconductor space is off to a "fun start" to the new year with the Spectre and Meltdown exploits at front and center, according to Bernstein.  The Analyst Bernstein's Stacy Rasgon and three colleagues.  The Thesis The impact to PC workloads from software patches...

Shares of Barracuda Networks Inc (NYSE: CUDA) jumped more than 15 percent Monday after the company agreed to sell itself to private equity firm Thoma Bravo for $1.6 billion. What You Need To Know: Barracuda Networks, a leading provider of cloud-enabled security and data protection solutions, agreed...

Barclays PLC (ADR) (NYSE: BCS) is adopting voice biometrics technology at its call centers, a move that will replace passwords and allow customer authentication once they start talking. According to Barclays, the technology identifies the caller based solely on their voice, which it claims to be a...

Walter Pritchard of Citi overviewed the security sector, noting that field checks suggest an acceleration in spending in 2016. Pritchard added there is no indications of a mean reversion in spending, rather CIOs indicated a desire to grow their security spending budget by 8 percent. The analyst...

While Black Friday shopping numbers fell short of expectations, there was a report of 185,345 firearm background checks on November 27, a single-day record. The Washington Post reported that the previous single-day high was 177,170 background checks, following the Sandy Hook killings in 2012. The...

In a report published Friday, Wells Fargo analyst Maynard Um wrote that International Business Machines Corp. (NYSE: IBM) marked a "change in tone to one of a company going more on the offensive" during its Investor Day presentation. Um noted that IBM highlighted its long-term growth...