Analyst: Cybersecurity order unlikely to aid software sales

02/14/2013 | MarketWatch

Companies that develop and market cybersecurity solutions are unlikely to get a share-price bounce from President Barack Obama's cybersecurity executive order, according to an investor note by Citigroup software analyst Walter Pritchard that brought cybersecurity shares down Wednesday. "While well intentioned, [government efforts] have generally had little impact on spending on IT security products and we believe this will be the case again here," Pritchard wrote.

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