CIBC raised the firm’s price target on Rubrik (RBRK) to $130 from $125 and keeps an Outperformer rating on the shares. The firm says its positive thesis on shares was reaffirmed by the Q2 earnings report despite the “conservative” Q3 outlook. It forecasts revenue growth of 34% for fiscal 2026 and 23% for 2027. CIBC finds Rubrik shares attractive at current levels.
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