Needham Maintains Buy on CyberArk Software, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson has maintained a Buy rating on CyberArk Software (NASDAQ:CYBR) and increased the price target from $245 to $310.
February 09, 2024 | 11:02 am
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Needham analyst Alex Henderson reaffirmed a Buy rating on CyberArk Software and raised the price target from $245 to $310, indicating a positive outlook on the company's future performance.
The increase in price target by a reputable analyst suggests a strong belief in CyberArk Software's growth potential and operational performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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