Canaccord Genuity Maintains Buy on CyberArk Software, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity maintains a Buy rating on CyberArk Software but lowers the price target from $300 to $280.
June 04, 2024 | 1:54 pm
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Canaccord Genuity maintains a Buy rating on CyberArk Software but lowers the price target from $300 to $280.
The maintained Buy rating suggests continued confidence in CyberArk Software's performance, but the lowered price target indicates some caution about its short-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100