CIBC Initiates Coverage On Rubrik with Outperformer Rating, Announces Price Target of $50
Portfolio Pulse from Benzinga Newsdesk
CIBC has initiated coverage on Rubrik (NYSE:RBRK) with an Outperformer rating and set a price target of $50.
May 21, 2024 | 4:31 pm
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CIBC has initiated coverage on Rubrik with an Outperformer rating and set a price target of $50, indicating a positive outlook for the stock.
The initiation of coverage with an Outperformer rating and a price target of $50 by CIBC suggests a positive outlook for Rubrik. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100