Rosenblatt Securities analyst Catharine Trebnick reiterated a Buy rating on CyberArk Software (CYBR – Research Report) today and set a price target of $185.00. The company’s shares closed yesterday at $153.58.
Trebnick covers the Technology sector, focusing on stocks such as CyberArk Software, 8X8, and Fortinet. According to TipRanks, Trebnick has an average return of -9.8% and a 41.11% success rate on recommended stocks.
In addition to Rosenblatt Securities, CyberArk Software also received a Buy from Bank of America Securities’s Tal Liani in a report issued yesterday. However, on May 23, Wells Fargo maintained a Hold rating on CyberArk Software (NASDAQ: CYBR).
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The company has a one-year high of $165.18 and a one-year low of $113.19. Currently, CyberArk Software has an average volume of 452K.
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CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. It operates through the following geographical segments: United States; Israel; United Kingdom; Europe, the Middle East and Africa; and Other. Its products include core privileged access security, application identity and endpoint privilege manager, and Conjur. The company was founded by Udi Mokady and Alon N. Cohen in 1999 and is headquartered in Petach Tikva, Israel.
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