CIBC Maintains Outperformer on Rubrik, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
CIBC has maintained its 'Outperformer' rating on Rubrik (NYSE:RBRK) and increased the price target from $50 to $52.
September 10, 2024 | 3:18 pm
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POSITIVE IMPACT
CIBC has reaffirmed its positive outlook on Rubrik by maintaining an 'Outperformer' rating and slightly increasing the price target from $50 to $52, indicating confidence in the company's future performance.
The increase in price target from $50 to $52 by CIBC suggests a positive outlook on Rubrik's future performance. Maintaining the 'Outperformer' rating indicates continued confidence in the company's growth potential, which is likely to positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100