KeyBanc raised the firm’s price target on CyberArk to $210 from $196 and keeps an Overweight rating on the shares. CyberArk had another beat and raise quarter, featuring consistent execution and a favorable demand environment for identity security, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CYBR:
- CyberArk (NASDAQ:CYBR) Gains as Wedbush Reiterates Confidence Following Q3 Beat
- CyberArk reports Q3 adjusted EPS 42c, consensus 23c
- CyberArk raises FY23 EPS view to 72c-80c from 44c-63c, consensus 55c
- CyberArk sees Q4 EPS 41c-50c, consensus 41c
- CyberArk upgraded to Overweight from Neutral at JPMorgan