Where CyberArk Software Stands With Analysts
Portfolio Pulse from Benzinga Insights
CyberArk Software (NASDAQ:CYBR) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $188.85, a 6.02% increase from the previous average price target of $178.12. The ratings are based on the company's predicted future earnings and the predictability of its revenue streams.
October 17, 2023 | 12:01 pm
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POSITIVE IMPACT
CyberArk Software has received mostly bullish ratings from analysts, indicating a positive outlook for the company's stock.
The bullish ratings from analysts indicate a positive outlook for CyberArk Software's stock. Analysts base their ratings on the company's predicted future earnings and the predictability of its revenue streams, which they believe are strong for CyberArk. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100