Needham Reiterates Buy on CyberArk Software, Maintains $310 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson reiterates a Buy rating on CyberArk Software (NASDAQ:CYBR) and maintains a $310 price target.
May 03, 2024 | 11:49 am
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Needham analyst Alex Henderson reiterates a Buy rating on CyberArk Software with a $310 price target.
The reiteration of a Buy rating and a high price target by a reputable analyst like Alex Henderson from Needham is likely to instill confidence among investors and could positively impact CyberArk Software's stock price in the short term. The specific mention of a $310 price target suggests a significant upside potential from current levels, further underlining the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100