Rosenblatt Maintains Buy on CyberArk Software, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick has reaffirmed a Buy rating on CyberArk Software (NASDAQ:CYBR) and increased the price target from $215 to $265. This adjustment suggests a positive outlook on the company's future performance.
January 10, 2024 | 12:44 pm
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Rosenblatt analyst Catharine Trebnick maintains a Buy rating on CyberArk Software and raises the price target from $215 to $265, indicating a strong confidence in the company's growth prospects.
The increase in price target by Rosenblatt reflects a positive assessment of CyberArk Software's potential, likely due to strong fundamentals or expected positive developments. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100