CyberArk price target raised to $175 from $158 at Barclays

Barclays raised the firm’s price target on CyberArk to $175 from $158 and keeps an Overweight rating on the shares. The analyst previewed the Q1 results for the on-cycle reporting names in security, design and vertical software-as-a-service. The firm likes Fortinet (FTNT), Varonis Systems (VRNS), Rapid7 (RPD), Gen Digital (GEN) in security.