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Piper Jaffray raises CyberArk to 20% upside on tailwinds

Sep. 17, 2018 8:52 AM ETCyberArk Software Ltd. (CYBR) StockCYBRBy: Brandy Betz, SA News Editor
  • Piper Jaffray raises its CyberArk Software (NASDAQ:CYBR) target from $72 to $90, a 20% upside to Friday’s close.
  • The firm thinks near-term disruptions in the sector from recent acquisitions (Broadcom’s CA buy, Bomgar’s BeyondTrust purchase) provide favorable tailwinds for CyberArk. 
  • Rating maintained at Overweight.  

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