CyberArk upgraded to Overweight from Neutral at JPMorgan

JPMorgan upgraded CyberArk to Overweight from Neutral with a price target of $200, up from $182. The analyst says is one of the best positioned security software vendors to benefit from accelerating demand. The firm sees opportunity for upside in the wake of accelerating demand. CyberArk has some of the most favorable exposure to high priority security spending within the group, the analyst tells investors in a research note. The firm also placed the shares on “Positive Catalyst Watch.”