BMO Capital Maintains Outperform on Rubrik, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Rubrik (NYSE:RBRK) but lowers the price target from $40 to $38.
September 10, 2024 | 11:38 am
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Rubrik but lowers the price target from $40 to $38, indicating a slight decrease in expected valuation.
The Outperform rating suggests continued confidence in Rubrik's performance, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100