CyberArk Software (CYBR) Receives a New Rating from a Top Analyst
Oppenheimer analyst Shaul Eyal assigned a Buy rating to CyberArk Software (CYBR) today and set a price target of $115.00. The company’s shares closed last Wednesday at $95.21.
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 16.6% and a 66.8% success rate. Eyal covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Intellicheck Mobilisia, and Nuance Communications.
CyberArk Software has an analyst consensus of Moderate Buy, with a price target consensus of $108.44, a 3.7% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.
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The company has a one-year high of $148.74 and a one-year low of $69.51. Currently, CyberArk Software has an average volume of 771.2K.
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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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