Canaccord Genuity Maintains Buy on CyberArk Software, Raises Price Target to $185
Portfolio Pulse from jenniferd'souza@benzinga.com
Canaccord Genuity analyst T. Michael Walkley maintains a 'Buy' rating on CyberArk Software (NASDAQ:CYBR) and raises the price target from $174 to $185.
August 11, 2023 | 12:34 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a 'Buy' rating on CyberArk Software and raises the price target from $174 to $185, indicating positive sentiment towards the stock.
The raised price target by Canaccord Genuity indicates a positive outlook for CyberArk Software. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100