BUY THIS: Sophos
Analysts at Deutsche Bank say now is the time to snap up shares in cyber-security specialist Sophos.
They hiked their target price for the firm to 430p and reiterated a ‘buy’ rating.
The bank pointed to growth in billings at Sophos and said it had also improved margins. It added: ‘Given its highly predictable subscription-based business model, we think these targets are well underpinned.’
In demand: Cyber-security specialist Sophos is a stock being recommended by Deutsche Bank
SELL THIS: SSP Group
Despite SSP Group reporting a rise in profits last week, Canaccord is urging investors to ditch its shares.
The firm, which operates food and drink shops at airports and train stations, saw profits jump 47 per cent to £43.4m in the first half of the year.
But although Canaccord analysts upped their price target to 590p, from 570p, they also retained their ‘sell’ rating, warning that the valuation is vulnerable.