Netskope jumps as brokerages launch coverage with bullish ratings

** Shares of cybersecurity firm Netskope NNTSK rise 5.6% in early morning trading

** At least nine brokerages initiate coverage with largely bullish ratings as post-IPO research quiet period ends

** Morgan Stanley and J.P.Morgan were the lead underwriters for the offering

** J.P.Morgan says rising cloud and AI adoption is boosting already strong security demand, with company well-positioned to benefit in key areas such as network, data and AI security

** Netskope is one of the few mid-cap companies that can deliver strong annual recurring revenue growth at scale with expanding profitability margins - Wells Fargo

** NTSK currently trades at $22.98 compared with the IPO price of $19 apiece

** Following are some of the ratings and PTs on the stock: