Morgan Stanley Picks Three Cybersecurity Winners

Morgan Stanley highlights Palo Alto Networks, CrowdStrike, SentinelOne as top cybersecurity picks ahead of upcoming earnings.
The sector has outperformed the broader software basket by over 20% in the past month, with individual stocks ranging ±50% YTD.
Morgan Stanley cites AI tailwinds and technical debt removal in firewalls, endpoint detection, and SASE as catalysts.
SentinelOne got a $17 target based on 36x EV to FY2027 $165 m free cash flow.