PING - Ping Identity Zix lead gainers as Stephens emerges bullish on security software space

Stephens analyst Brian Colley says the security software sector offers "attractive growth opportunities" as businesses prioritize security spending after the massive SolarWinds breach.Colley taps Ping Identity Holding (PING) as an enterprise identity and access management leader that's standing at the intersection of two secular trends: digital transformations and the adoption of Zero Trust security architectures. The analyst sees room for multiple expansion as growth reaccelerates in 2021.Mimecast (MIME) is well-positioned for healthy top-line growth driven by addressable market expansion and multiple additional levers. Colley notes the near-term uncertainty related to the recent compromise of certain MIME services, but he expects an update with the earnings report this week and sees the company trading at a "sizable valuation discount to its peers."Zix (ZIXI) is highlighted as "underfollowed" and praised for the "encouraging traction" for its Secure Cloud product platform.Proofpoint's (PRFT) email security platform and "people-centic approach" are "more relevant than ever" during the pandemic-driven remote work shift. The analyst

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Ping Identity, Zix lead gainers as Stephens emerges bullish on security software space