Piper Sandler downgraded CyberArk (CYBR) to Neutral from Overweight with a price target of $448, up from $440, after Palo Alto Networks (PANW) agreed to acquire CyberArk in a cash and stock deal.
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Read More on CYBR:
- CyberArk downgraded to Neutral from Buy at Guggenheim
- CyberArk downgraded to Sector Perform from Outperform at RBC Capital
- Palo Alto Networks downgraded to Sector Weight from Overweight at KeyBanc
- M&A News: CyberArk Stock (CYBR) Dips as Palo Alto Jumps on Board in $25B Takeover
- CyberArk downgraded to Hold from Buy at Stifel