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CyberArk price target raised to $195 from $185 at Rosenblatt

Rosenblatt analyst Catharine Trebnick raised the firm’s price target on CyberArk to $195 from $185 and keeps a Buy rating on the shares after the company delivered “solid” Q2 results. A growing pipeline, strong competitive positioning and growing traction in its newer solutions “keeps us confident in the opportunity ahead,” the analyst tells investors.

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