Barclays raised the firm’s price target on CyberArk (CYBR) to $450 from $375 and keeps an Overweight rating on the shares. The company posted $243M in Q4 net new annual recurring revenue versus a $232M estimate, crossing the $1B ARR mark, the analyst tells investors in a research note. The firm says CyberArk guided fiscal 2025 ahead on all metrics.
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