The stock of Cyberark Software Ltd (NASDAQ:CYBR) is a huge mover today! The stock increased 6.36% or $2.86 during the last trading session, hitting $47.8. About 1.37 million shares traded hands or 243.61% up from the average. Cyberark Software Ltd (NASDAQ:CYBR) has risen 6.34% since April 1, 2016 and is uptrending. It has outperformed by 5.13% the S&P500.
The move comes after 9 months positive chart setup for the $1.57B company. It was reported on Nov, 3 by Barchart.com. We have $80.30 PT which if reached, will make NASDAQ:CYBR worth $1.07 billion more.
Cyberark Software Ltd (NASDAQ:CYBR) Ratings Coverage
Out of 20 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 13 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 65% are positive. Cyber-Ark Software has been the topic of 38 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Imperial Capital with “In-Line” on Thursday, February 18. The company was upgraded on Monday, August 24 by Vetr. The rating was upgraded by JP Morgan to “Overweight” on Thursday, December 10. The stock of Cyberark Software Ltd (NASDAQ:CYBR) has “Hold” rating given on Tuesday, December 15 by Evercore. The rating was initiated by First Analysis with “Overweight” on Monday, October 24. DA Davidson initiated Cyberark Software Ltd (NASDAQ:CYBR) on Friday, October 16 with “Neutral” rating. The firm has “Buy” rating by Nomura given on Friday, September 25. Oppenheimer maintained it with “Outperform” rating and $60 target price in Friday, February 12 report. The firm has “Strong-Buy” rating given on Tuesday, August 18 by Vetr. The firm has “Neutral” rating given on Tuesday, November 10 by Bank of America.
According to Zacks Investment Research, “CyberArk Software Ltd. provides information technology security solutions. The Company offers services which protect organizational privileged accounts from cyber-attacks. Its products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. The company offers privileged account security solution consists of enterprise password vault, which provides a tool to manage and protect physical, virtual, or cloud-based assets in an organization; privileged session manager that protects IT assets; and application identity manager, which addresses the challenges of hard-coded, embedded credentials, and cryptographic keys being hijacked and exploited by malicious insiders or external cyber attackers. CyberArk Software Ltd. is headquartered in Petach Tikva, Israel.”
More notable recent Cyberark Software Ltd (NASDAQ:CYBR) news were published by: Fool.com which released: “Why Investors Are Paying a Premium for CyberArk Software Ltd” on October 05, 2016, also Fool.com with their article: “Can CyberArk Software Ltd Regain Its Mojo?” published on September 08, 2016, Fool.com published: “CyberArk Software Ltd. Delivers 39% Revenue Growth” on August 19, 2016. More interesting news about Cyberark Software Ltd (NASDAQ:CYBR) were released by: Seekingalpha.com and their article: “CyberArk Third Quarter Results Review” published on October 31, 2016 as well as Fool.com‘s news article titled: “The 4 Biggest Risks To CyberArk Software Ltd. Stock” with publication date: May 13, 2016.
CYBR Company Profile
CyberArk Software Ltd. (CyberArk), incorporated on February 28, 1996, provides information technology (IT) security solutions that protects organizations from cyber-attacks. The Company’s products include Privileged Account Security Solution and Sensitive Information Management Solution. The Company’s solutions provide protection against cyber-attacks from both external and internal sources and allow for real-time detection and neutralization of such threats.
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