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Morgan Stanley Downgrades Netskope on Secure Access Competition Concerns

Netskope shares were fractionally lower in premarket trading Friday. Morgan Stanley pointed to intensifying competition in the Secure Access Service Edge market.

Two network security gateways crowd each other on a narrow shelf / TokenPost.ai
Two network security gateways crowd each other on a narrow shelf / TokenPost.ai

Morgan Stanley lowered its rating on Netskope, Inc. on Friday, Nov. 13, pointing to intensifying competition in the Secure Access Service Edge (SASE) market.

Netskope shares were fractionally lower in premarket trading Friday.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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