Citigroup Maintains Buy on CyberArk Software, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani has reaffirmed a Buy rating on CyberArk Software (NASDAQ:CYBR) and increased the price target from $215 to $265.
January 10, 2024 | 4:18 pm
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Citigroup analyst Fatima Boolani maintains a Buy rating on CyberArk Software and raises the price target from $215 to $265.
The increase in price target by Citigroup reflects a positive outlook on CyberArk Software's future performance. This endorsement from a major financial institution is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100