Scalper1 News
Spending by corporations, governments and other organizations on next-generation security will rise 25% this year rather than the 20% that he previously forecast, FBR Capital Markets analyst Daniel Ives said in a research report Wednesday. Such spending is likely to boost revenue for companies such as Palo Alto Networks (PANW) and FireEye (FEYE), Ives says. Ives says recent checks prompted him to increase his security spending estimate. Spending Scalper1 News
Scalper1 News