The stock of Cyberark Software Ltd (NASDAQ:CYBR) is a huge mover today! About 382,185 shares traded hands. Cyberark Software Ltd (NASDAQ:CYBR) has risen 36.96% since April 14, 2016 and is uptrending. It has outperformed by 32.27% the S&P500.
The move comes after 7 months positive chart setup for the $1.86B company. It was reported on Nov, 16 by Barchart.com. We have $87.04 PT which if reached, will make NASDAQ:CYBR worth $1.08 billion more.
Cyberark Software Ltd (NASDAQ:CYBR) Ratings Coverage
Out of 20 analysts covering Cyber-Ark Software (NASDAQ:CYBR), 14 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 70% are positive. Cyber-Ark Software has been the topic of 39 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Deutsche Bank upgraded Cyberark Software Ltd (NASDAQ:CYBR) on Monday, September 21 to “Buy” rating. The company was maintained on Tuesday, August 11 by William Blair. The firm earned “Buy” rating on Tuesday, July 21 by Dougherty & Company. Summit Research upgraded it to “Buy” rating and $50 target price in Monday, March 14 report. The company was initiated on Monday, March 21 by Goldman Sachs. The rating was upgraded by Wells Fargo on Friday, August 14 to “Outperform”. The firm has “Neutral” rating given on Friday, September 9 by UBS. The rating was maintained by Imperial Capital with “In-Line” on Friday, November 13. Zacks upgraded it to “Hold” rating and $68 target price in Tuesday, August 18 report. The firm has “Buy” rating given on Friday, May 13 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: “CyberArk Software Ltd Sales Soar 37%” on November 07, 2016, also Fool.com with their article: “Why Investors Are Paying a Premium for CyberArk Software Ltd” published on October 05, 2016, Fool.com published: “Can CyberArk Software Ltd Regain Its Mojo?” on September 08, 2016. More interesting news about Cyberark Software Ltd (NASDAQ:CYBR) were released by: Fool.com and their article: “CyberArk Software Ltd. Delivers 39% Revenue Growth” published on August 19, 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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