Canaccord analyst Kingsley Crane raised the firm’s price target on CyberArk (CYBR) to $330 from $310 and keeps a Buy rating on the shares. The firm said CyberArk was firing on all cylinders in a 3Q24 highlighted by 31% yoy ARR growth, 46% subscription ARR growth, 15% EBIT margins, and 21% FCF margins.
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Read More on CYBR:
- CyberArk price target raised to $345 from $300 at Piper Sandler
- CyberArk price target raised to $345 from $320 at Susquehanna
- CyberArk price target raised to $360 from $310 at JMP Securities
- CyberArk price target raised to $355 from $340 at KeyBanc
- CyberArk price target raised to $350 from $300 at Wells Fargo