CISO Global Inc. (NASDAQ: CISO) Earns Overweight Rating in Latest Cantor Fitzgerald Equity Research Report

May 18, 2023 08:50:00
  • The equity report noted CISO’s triple-digit Q4 growth in several areas
  • “We expect Cerberus to build on its momentum in making headway into larger enterprise customers,” report observes
  • Cybersecurity talent shortage landscape could be “highly favorable” to Cerberus

A recent Cantor Fitzgerald equity research report is high on CISO Global (NASDAQ: CISO), formerly Cerberus Cyber Sentinel Corp., a leading provider of global cybersecurity and compliance. Noting that the company is strategically positioned to fill the cybersecurity talent shortage gap, Cantor Research gave CISO an overweight rating and a $2 price target (https://nnw.fm/EP1WX).

“Reiterate overweight and moderating our 12-month price target from $5 to $2 due to volatile trading condition; however, growth fundamentals intact,” the report stated. “We believe the modest multiple is justified or even undervalues CISO given its leadership position at scale in the…

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