Truist raised the firm’s price target on CyberArk (CYBR) to $385 from $350 and keeps a Buy rating on the shares as part of a broader research note previewing Q4 earnings in Infrastructure & Security Software. Companies under coverage will report a strong calendar Q4 and take a conservative posture for guidance, which could drive a continued beat-and-raise cadence for 2025, the analyst tells investors in a research note. Conversations with customers and partners indicate demand and the macro environment have remained unchanged, the firm added.
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