Cybersecurity stocks are underperforming the market today related to Imperva's (NYSE: IMPV) second quarter warnings. Imperva said it sees Q2 revenue of $57.5-$58 million, versus prior guidance of $65.5-$66.5 million.

Imperva said it is seeing extended sales cycles across most geographies and verticals and is seeing customers break purchases down into phases and implementing their database protection product over time instead of making large upfront purchases.

While he expected Cybersecurity stocks to be weak on the news, Wells Fargo analyst Gray Powell notes Imperva plays in a different sub-segment within security and does not compete against the core products of network security companies such as PANW, FTNT, CHKP, and FEYE. In addition, IMPV's comments on strong demand for its cloud based security solutions is a direct positive read on AKAM's security business and could arguably be interpreted as a positive for PFPT.

The firm continues to rate PANW, FTNT, and PFPT Outperform and CHKP, FEYE and AKAM Market Perform.

Related Stocks:

Akamai Technologies (NASDAQ: AKAM)
Check Point Software Technology (NASDAQ: CHKP)
FireEye (NASDAQ: FEYE)
Fortinet (NASDAQ: FTNT)
Palo Alto Networks (NYSE: PANW)
Proofpoint (NASDAQ: PFPT)