In a report issued on May 17, Tal Liani from Merrill Lynch reiterated a Buy rating on CyberArk Software (CYBR), with a price target of $145. The company’s shares closed yesterday at $127.87, close to its 52-week high of $133.49.
According to TipRanks.com, Liani is a 3-star analyst with an average return of 1.9% and a 51.4% success rate. Liani covers the Consumer Goods sector, focusing on stocks such as Acacia Communications, Arista Networks, and Cisco.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CyberArk Software with a $135.31 average price target, implying a 5.8% upside from current levels. In a report issued on May 14, Wedbush also maintained a Buy rating on the stock with a $145 price target.
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The company has a one-year high of $133.49 and a one-year low of $58.63. Currently, CyberArk Software has an average volume of 908.8K.
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CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other.
