BidaskClub cut shares of CyberArk Software (NASDAQ:CYBR) from a buy rating to a hold rating in a research note released on Tuesday.
A number of other research analysts also recently issued reports on CYBR. Evercore ISI set a $56.00 price target on CyberArk Software and gave the stock a buy rating in a research note on Wednesday, August 9th. Summit Redstone raised CyberArk Software from a hold rating to a buy rating in a research report on Thursday, August 10th. TheStreet cut CyberArk Software from a c rating to a d+ rating in a research report on Thursday, August 10th. ValuEngine cut CyberArk Software from a hold rating to a sell rating in a research report on Friday, September 1st. Finally, Needham & Company LLC reaffirmed a buy rating and set a $55.00 price objective on shares of CyberArk Software in a research report on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Hold and an average price target of $49.91.
CyberArk Software (CYBR) opened at $44.52 on Tuesday. The stock has a market capitalization of $1,555.72, a P/E ratio of 69.97, a P/E/G ratio of 3.67 and a beta of 2.59. CyberArk Software has a 12 month low of $39.34 and a 12 month high of $55.65.
WARNING: This article was originally reported by Community Financial News and is owned by of Community Financial News. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://www.com-unik.info/2017/12/06/cyberark-software-cybr-downgraded-to-hold-at-bidaskclub.html.
CyberArk Software Company Profile
CyberArk Software Ltd is an Israel-based provider of information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s software solutions are focused on protecting privileged accounts, which have become a critical target in the lifecycle of cyber-attacks. The Company’s Privileged Account Security Solution consists of various products, such as Shares Technology Platform, Enterprise Password Vault, SSH Key Manager, Privileged Session Manager, Privileged Threat Analytics, Application Identity Manager, CyberArk-Conjur, Endpoint Privilege Manager and On-Demand Privileges Manager.
What are top analysts saying about CyberArk Software Ltd.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for CyberArk Software Ltd. and related companies.