Blurbs

Cowen & Co. Remains a Buy on KnowBe4 (KNBE)

In a report released today, Shaul Eyal from Cowen & Co. reiterated a Buy rating on KnowBe4 (KNBEResearch Report), with a price target of $28.00. The company’s shares opened today at $21.66.

According to TipRanks, Eyal is a top 25 analyst with an average return of 25.5% and a 64.85% success rate. Eyal covers the Technology sector, focusing on stocks such as Fortinet, KnowBe4, and Check Point.

Currently, the analyst consensus on KnowBe4 is a Strong Buy with an average price target of $24.13, implying an 11.40% upside from current levels. In a report released today, Stephens also maintained a Buy rating on the stock with a $24.00 price target.

See today’s best-performing stocks on TipRanks >>

KNBE market cap is currently $3.04B and has a P/E ratio of 413.88.

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KnowBe4 Inc has created a security awareness framework that allows businesses to assess, track, and mitigate the ongoing threat of social engineering attacks to their cybersecurity. Security Awareness, Security Orchestration, Automation and Response, Governance, Risk, and Compliance are among the features of its platform. The company derives its revenue from subscription services fees paid by customers for access to its cloud-based platform and content.

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