CyberArk Software Ltd. (CYBR) Receives Analyst Rating

CyberArk Software Ltd. (CYBR) : 13 analysts are covering CyberArk Software Ltd. (CYBR) and their average rating on the stock is 1.38, which is read as a Strong Buy. 10 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CyberArk Software Ltd. (CYBR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CyberArk Software Ltd. (CYBR) : The highest level CyberArk Software Ltd. (CYBR) is projected to reach is $62 for the short term and the lowest estimate is at $55. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $59.2 and the possibility the share price can swing is $2.49.


Also, UBS initiates coverage on CyberArk Software Ltd. (NASDAQ:CYBR). The shares have now been rated Neutral by the stock experts at the ratings house. UBS announces the current price target of $56 per share on CyberArk Software Ltd.. The rating by the firm was issued on September 9, 2016.

CyberArk Software Ltd. (NASDAQ:CYBR): The stock opened in the green at $51.5 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $51.68 and a low of $50.01 for the day. The stock did not find buyers even at the lows and closed at $50.87 recording a loss of -1.62%. 826,482 shares exchanged hands during the trading day. The stock had closed at $51.71 in the previous days trading.

Cyberark Software Ltd is an Israel-based security company. The Companys provides information technology security solutions that protect organizations from cyber attacks. The Companys products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. It offers Privileged Account Security Solution, a solution to protect, monitor, detect, alert, and respond to privileged accounts. The company also provides Enterprise Class Integration for devices, networks, applications, and servers. Its CyberArk Privileged Session Manager that isolates, controls, and monitors privileged user access and activities. Its CyberArk Sensitive Information Management Solution, a platform for sharing and distributing information to users across systems using Web, desktop, mobile, and email.

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