ValuEngine downgraded shares of Cyberark Software (NASDAQ:CYBR) from a hold rating to a sell rating in a research report released on Sunday morning.
Several other equities analysts also recently weighed in on the company. BidaskClub downgraded Cyberark Software from a sell rating to a strong sell rating in a research report on Wednesday, December 27th. Monness Crespi & Hardt assumed coverage on Cyberark Software in a research report on Monday, December 18th. They set a neutral rating on the stock. Zacks Investment Research upgraded Cyberark Software from a hold rating to a buy rating and set a $50.00 target price on the stock in a research report on Wednesday, November 8th. Piper Jaffray Companies reiterated a buy rating and set a $50.00 target price on shares of Cyberark Software in a research report on Friday, November 3rd. Finally, UBS Group reduced their target price on Cyberark Software from $52.00 to $50.00 and set a neutral rating on the stock in a research report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Hold and an average price target of $49.69.
Cyberark Software (CYBR) traded up $0.20 during midday trading on Friday, reaching $41.59. The company had a trading volume of 400,600 shares, compared to its average volume of 332,200. Cyberark Software has a 1 year low of $39.34 and a 1 year high of $55.65. The stock has a market capitalization of $1,450.00, a P/E ratio of 66.02, a PEG ratio of 2.89 and a beta of 2.58.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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