Cyberark Software (NASDAQ:CYBR) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Wednesday.
CYBR has been the subject of several other reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $55.00 target price on shares of Cyberark Software in a research report on Tuesday, September 12th. ValuEngine cut Cyberark Software from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Zacks Investment Research cut Cyberark Software from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $50.00 target price on shares of Cyberark Software in a research report on Friday, November 3rd. Finally, Monness Crespi & Hardt started coverage on Cyberark Software in a research report on Monday, December 18th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a sell rating, ten have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Cyberark Software has an average rating of “Hold” and a consensus price target of $49.69.
Cyberark Software (NASDAQ CYBR) opened at $42.12 on Wednesday. The company has a market capitalization of $1,480.00, a price-to-earnings ratio of 66.85, a P/E/G ratio of 2.92 and a beta of 2.58. Cyberark Software has a 12-month low of $39.34 and a 12-month high of $55.65.
ILLEGAL ACTIVITY WARNING: This news story was first reported by Markets Daily and is owned by of Markets Daily. If you are reading this news story on another site, it was illegally stolen and reposted in violation of US and international trademark & copyright law. The correct version of this news story can be accessed at https://www.themarketsdaily.com/2018/01/10/cyberark-software-cybr-stock-rating-upgraded-by-bidaskclub.html.
About Cyberark Software
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.
Receive News & Ratings for Cyberark Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cyberark Software and related companies with MarketBeat.com's FREE daily email newsletter.