Morgan Stanley Maintains Overweight on CyberArk Software, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Overweight rating on CyberArk Software (NASDAQ:CYBR) and raises the price target from $173 to $180.
August 11, 2023 | 12:51 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on CyberArk Software and raises the price target from $173 to $180, indicating a positive outlook for the company.
The raised price target by Morgan Stanley 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