CyberArk price target raised to $320 from $310 at Susquehanna

Susquehanna raised the firm’s price target on CyberArk to $320 from $310 and keeps a Positive rating on the shares. The firm said despite the choppy macro environment, the company continues to see strong momentum across its core PAM solution and solid adoption of its newer product lines as customers continue to land with multiple products and make identity a spending priority.