Generative AI Backed Cybersecurity Stocks Cloudflare, Okta Have Near-Term Upside: Analyst

Morgan Stanley analyst Keith Weiss noted that cybersecurity remains a top spending priority for organizations globally.Weiss noted longer-term tailwinds are intact as recent technological advancements (GenAI, Public Cloud) expand the attack surface area, creating new product opportunities for securing AI and leveraging AI to automate security operations.In the near term, the analyst flagged risks investors might not fully appreciate heading into 2025.Also Read: This Analyst Downgrades Upstart But Says SoFi ...