Barclays raised the firm’s price target on CyberArk (CYBR) to $375 from $335 and keeps an Overweight rating on the shares. as part of a 2025 outlook for the security, design, and vertical-specific software spaces. The four names Barclays likes for 2025 are Adobe (ADBE), Autodesk (ADSK), nCino (NCNO), and Varonis Systems (VRNS). These names could see either an improving backdrop, artificial intelligence opportunities, and/or margin stories in 2025, the analyst tells investors in a research note.
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Read More on CYBR:
- CyberArk price target raised to $373 from $323 at Guggenheim
- CyberArk price target raised to $380 from $345 at Piper Sandler
- CyberArk price target raised to $390 from $360 at DA Davidson
- CyberArk price target raised to $385 from $358 at RBC Capital
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