Analyst Madeline Brooks hiked her price target by $20 to $335, which now suggests 27.1% upside from Thursday's close.
Bank of America sees more room to run for CyberArk shares after a strong earnings report. Analyst Madeline Brooks hiked her price target by $20 to $335, which now suggests 27.1% upside from Thursday's close. Brooks also maintained her buy rating on the cybersecurity stock. As "a diamond in the rough, CyberArk keeps shining bright," Brooks told clients in a Thursday note.
"Many companies continue to see softening demand trends and stagnating new customer growth," she said. However, "CyberArk reported improving sales cycles, record net new , and healthy new logo growth, a testament to the durability of underlying growth drivers." CYBR CRWD YTD mountain CyberArk vs. CrowdStrike, year to date CyberArk has also gained attention in the wake of the global IT outage sparked by CrowdStrike .
Snowflake Inc. AT&T Inc Crowdstrike Holdings Inc Cyberark Software Ltd Earnings Stock Markets Investment Strategy Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This senior housing stock could soar 25% as the population ages, says Bank of AmericaInvestors can also score a dividend yield of more than 3% with this real estate investment trust.
Read more »
Big Ten Basketball's Top 25 Incoming Freshmen for 2024-25 SeasonHere are the top 25 freshmen in the Big Ten in 2024-25, with rankings per On3, and analysis on how they'll fit at their new schools.
Read more »
College Football 25: Top 25 Fastest QuarterbacksThese quarterbacks will burn opponents with speed in College Football 25.
Read more »
Following College Football 25, Madden 25 Is Going To Surprise FansSince 2011, I have covered video games and combat sports. I've written for Bleacher Report, The Ring, Mic and co-founded the combat sports YouTube channel The Fight Guys. I've also run and operated the Unique Mazique YouTube channel since 2009.
Read more »
JPMorgan Q2 profit rose 25% as bank cashed in holdings in VisaJPMorgan Chase says profits jumped sharply in the second quarter as the bank cashed in billions of dollars of its holdings in Visa Inc. But the bank’s results were also helped by higher interest rates, as well as consumers who seemed to still want to spend, despite geopolitical and economic uncertainties.
Read more »
JPMorgan Q2 profit rose 25% as bank cashed in holdings in VisaNEW YORK (AP) — JPMorgan Chase’s profits jumped sharply in the second quarter as the bank cashed in billions of dollars of its holdings in Visa Inc. But
Read more »