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Bank of America raises targets for cybersecurity stocks on AI threat fears
Bank of America hiked its price targets on cybersecurity stocks, citing a worsening artificial intelligence based threat landscape.
The adjustment ties the bank's outlook for the sector to expectations that AI driven threats are intensifying, supporting higher valuations for cybersecurity names.
The move was made as part of broader market coverage scheduled for Tuesday, according to the Yahoo Finance page that carries the story.
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