NET

Down more than its cybersecurity peers

• NET −4.10% on the last session vs SPY −0.08%: −4.0 pts of stock-specific move.
• More than its group: its cybersecurity peers -2.0% (-1.9 pts vs SPY).
• 3 analyst actions in the past 10 days (3 positive, 0 negative); latest: Barclays maintained Overweight, raised target $355 → $400.
• 3 insider or congressional trades in the past 30 days.
• Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
• Activity: volume on pace for 1.9× its 20-day average.