Wedbush Maintains Outperform on Rubrik, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Rubrik (NYSE:RBRK) but lowers the price target from $50 to $44.
September 10, 2024 | 1:08 pm
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NEUTRAL IMPACT
Wedbush analyst Daniel Ives maintains an Outperform rating on Rubrik but lowers the price target from $50 to $44, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in Rubrik's performance, but the lowered price target indicates a tempered outlook, which may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100