CyberArk Software (CYBR) Receives a Rating Update from a Top Analyst
In a report released today, Shaul Eyal from Oppenheimer maintained a Buy rating on CyberArk Software (CYBR), with a price target of $130.00. The company’s shares closed last Monday at $119.38.
According to TipRanks.com, Eyal is a top 100 analyst with an average return of 16.3% and a 66.4% success rate. Eyal 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 $137.13, a 10.6% upside from current levels. In a report issued on January 31, Guggenheim also maintained a Buy rating on the stock with a $155.00 price target.
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The company has a one-year high of $148.74 and a one-year low of $85.91. Currently, CyberArk Software has an average volume of 564.4K.
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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.