CyberArk Software (CYBR) Receives a Buy from JMP Securities

JMP Securities analyst Erik Suppiger reiterated a Buy rating on CyberArk Software (CYBRResearch Report) today and set a price target of $214.00. The company’s shares closed last Thursday at $155.58.

According to TipRanks.com, Suppiger is a 5-star analyst with an average return of 23.9% and a 60.3% success rate. Suppiger covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Axon Enterprise.

Currently, the analyst consensus on CyberArk Software is a Strong Buy with an average price target of $191.82, a 24.5% upside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Buy rating on the stock with a $210.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

CyberArk Software’s market cap is currently $5.7B and has a P/E ratio of -111.79.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on CYBR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed