JMP Securities Reiterates Market Outperform on CyberArk Software, Maintains $280 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh has reiterated a Market Outperform rating on CyberArk Software (NASDAQ:CYBR), maintaining a $280 price target.
May 14, 2024 | 5:24 pm
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JMP Securities analyst Trevor Walsh reiterated a Market Outperform rating on CyberArk Software, with a maintained price target of $280, indicating a positive outlook on the stock.
The reiteration of a Market Outperform rating and the maintenance of a $280 price target by a reputable analyst like Trevor Walsh from JMP Securities could lead to increased investor confidence in CyberArk Software. This positive analyst coverage is likely to have a favorable impact on the stock's short-term price movement, as it reaffirms the company's strong prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100