Rubrik price target raised to $76 from $72 at Guggenheim

Guggenheim analyst John DiFucci raised the firm’s price target on Rubrik (RBRK) to $76 from $72 and keeps a Buy rating on the shares. The firm expects upside to current estimates, which include a “favorable setup entering FY26” after starting out strong post-IPO, the analyst tells investors in a group note on the factors likely to affect the Software sector in 2025.