Oppenheimer Maintains Outperform on CyberArk Software, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Shaul Eyal has maintained an 'Outperform' rating on CyberArk Software and increased the price target from $310 to $360.
October 22, 2024 | 3:56 pm
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Oppenheimer has reaffirmed its 'Outperform' rating for CyberArk Software and increased the price target to $360, indicating confidence in the company's future performance.
The increase in price target from $310 to $360 by Oppenheimer suggests a positive outlook on CyberArk's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100