CyberArk Software (CYBR) Receives a Hold from Needham


In a report released today, Alex Henderson from Needham assigned a Hold rating to CyberArk Software (CYBR). The company’s shares closed last Thursday at $98.13.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 17.7% and a 53.3% success rate. Henderson covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Applied Optoelectronics, and CrowdStrike Holdings.

CyberArk Software has an analyst consensus of Strong Buy, with a price target consensus of $126.82.

See today’s analyst top recommended stocks >>

CyberArk Software’s market cap is currently $3.8B and has a P/E ratio of 114.10. The company has a Price to Book ratio of 7.66.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on CYBR:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts