14 Analysts Have This to Say About CyberArk Software
Portfolio Pulse from Benzinga Insights
CyberArk Software (NASDAQ:CYBR) has received updated analyst ratings in the last quarter, with 5 bullish, 9 somewhat bullish, and no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for CYBR is $205.71, with a high of $250.00 and a low of $185.00, marking a 9.03% increase from the previous target of $188.67. Analysts' ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.
December 04, 2023 | 2:00 pm
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POSITIVE IMPACT
CyberArk Software has received predominantly bullish ratings from analysts, with an updated average price target of $205.71, suggesting a positive outlook for the stock.
The positive analyst ratings and increased price target for CyberArk Software indicate a strong bullish sentiment, which could lead to a short-term increase in the stock price. Analyst ratings can influence market perception and investor behavior, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100