Stock Update (NASDAQ:CYBR): CyberArk Software Ltd to Discuss the Privileged Account Connection in Advanced Attacks at Gartner Security & Risk Management Summit 2015


CyberArk Software Ltd (NASDAQ:CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced details of its participation at the Gartner Security & Risk Management Summit 2015 taking place June 8-11. The CyberArk session, “The Most Traveled Attack Route: Securing the Privileged Pathway,” will explain the role of privileged accounts in advanced attacks and how businesses can mitigate risk by properly securing and managing these powerful credentials.

Who: Adam Bosnian, executive vice president of global business development, CyberArk
What: “The Most Traveled Attack Route: Securing the Privileged Pathway” – Privileged accounts have been at the center of recent high-profile cyber attacks. This session will explain how attackers who successfully exploit these accounts are able to gain a privileged foothold, allowing them unfettered access to elevate privileges and move about the network freely without detection. With a solid understanding of this well-used method of attack, attendees will learn how to properly secure and manage these powerful credentials to prevent advanced attacks from escalating.
When: The session will take place on Monday, June 8, 2015 at 11:00 a.m.
Where: Gaylord National Resort & Convention Center
201 Waterfront Street
National Harbor, MD 20745

In addition, at booth #845 CyberArk will demonstrate its Privileged Account Security Solution(Original Source)

Shares of CyberArk Software opened today at $62.88 and are currently trading up at $65.22. CYBR has a 1-year high of $70.48 and a 1-year low of $22.12. The stock’s 50-day moving average is $63.54 and its 200-day moving average is $50.74.

On the ratings front, CyberArk Software has been the subject of a number of recent research reports. In a report issued on May 8, Nomura analyst Rick Sherlund maintained a Hold rating on CYBR, with a price target of $50, which represents a potential downside of 20.5% from where the stock is currently trading. Separately, on the same day, Oppenheimer’s Shaul Eyal reiterated a Buy rating on the stock and has a price target of $70.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Rick Sherlund and Shaul Eyal have a total average return of 12.0% and 20.0% respectively. Sherlund has a success rate of 69.0% and is ranked #168 out of 3610 analysts, while Eyal has a success rate of 76.2% and is ranked #18.

In total, 4 research analysts have assigned a Hold rating and 3 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $58.83 which is -6.4% under where the stock opened today.

CyberArk Software Ltd offers IT security solutions to protect organizations from cyber attacks. Its services include Maintenance and Support and Professional Services.

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