- 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.
Piper Jaffray raises CyberArk to 20% upside on tailwinds
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Symbol | Last Price | % Chg |
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CYBR | - | - |
CyberArk Software Ltd. |