The bank upgraded the cloud security stock to overweight from neutral.
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The investment firm assigned the stock a buy rating.
The bank double upgraded the cybersecurity and cloud computing stock to overweight from underweight.
Analyst Alexei Gogolev upgraded the stock to overweight from neutral.
The bank upgraded the cybersecurity stock to overweight from equal weight.
The stock has tumbled since the company reported earnings last Wednesday evening, despite a clean beat and raise.
Wall Street analysts largely framed the pullback as profit-taking rather than a fundamental shift in the outlook.
