.png "CyberArk Software (NASDAQ: CYBR)")
Barclays analyst Saket Kalia maintained a Hold rating on CyberArk Software (CYBR) yesterday and set a price target of $98.00. The company’s shares closed last Monday at $87.30.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 6.3% and a 50.0% success rate. Kalia covers the Technology sector, focusing on stocks such as Nuance Communications, Ping Identity Holding, and Varonis Systems.
Currently, the analyst consensus on CyberArk Software is a Moderate Buy with an average price target of $121.00, implying a 33.6% upside from current levels. In a report issued on March 30, Needham also maintained a Hold rating on the stock.
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The company has a one-year high of $148.75 and a one-year low of $69.51. Currently, CyberArk Software has an average volume of 806.4K.
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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. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur. The company was founded by Udi Mokady and Alon N. Cohen in 1999 and is headquartered in Petach Tikva, Israel.
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