Cantor Fitzgerald Reiterates Overweight on CyberArk Software, Maintains $300 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee has reiterated an Overweight rating on CyberArk Software (NASDAQ:CYBR) and maintained a $300 price target.
June 21, 2024 | 4:54 pm
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Cantor Fitzgerald has reiterated an Overweight rating on CyberArk Software and maintained a $300 price target, indicating strong confidence in the company's future performance.
The reiteration of an Overweight rating and a high price target of $300 by a reputable analyst suggests strong confidence in CyberArk Software's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100