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FEB 13, 2013 - MarketWatch

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Cyber-security shares fall; Citi skeptical of lift

SAN FRANCISCO (MarketWatch) -- Shares of several firms in the cyber-security space slipped on Wednesday morning after a Citigroup analyst expressed skepticism that an executive order from President Obama will have much impact on the sector. In a note to clients, Citi software analyst Walter Pritchard said there have been many such efforts in the past "to drive increased focus on cyber security" through initatives by the federal government. "While well intentioned, they have generally had little impact on spending on IT security products and we believe this will be the case again here," he ... Read More

Tags: Cyber-security shares fall; Citi skeptical of lift,  Symantec Latest News