In a report released today, Fatima Boolani from Citi maintained a Buy rating on CyberArk Software (CYBR – Research Report), with a price target of $465.00. The company’s shares closed yesterday at $403.56.
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According to TipRanks, Boolani is a 5-star analyst with an average return of 21.1% and a 66.38% success rate. Boolani covers the Technology sector, focusing on stocks such as Cloudflare, Check Point, and Fortinet.
Currently, the analyst consensus on CyberArk Software is a Strong Buy with an average price target of $448.35, implying an 11.10% upside from current levels. In a report released on June 16, Jefferies also maintained a Buy rating on the stock with a $480.00 price target.
CYBR market cap is currently $20.09B and has a P/E ratio of -216.36.
Read More on CYBR:
- CyberArk Software’s Shareholders Approve All Proposals at Annual Meeting
- ‘U.S. Bombing of Iran Won’t Derail Tech Stocks,’ Says Wedbush
- IRIB says Israel launches cyberattack against Iran, Bloomberg reports
- DA Davidson cybersecurity analysts hold an analyst/industry conference call
- CyberArk price target raised to $465 from $435 at DA Davidson