Pacific Crest Starts CyberArk Software (CYBR) at Sector Weight

September 15, 2016 6:50 AM EDT
Get Alerts CYBR Hot Sheet
Price: $46.95 +3.05%

Rating Summary:
    12 Buy, 7 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 14 | Down: 11 | New: 8
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Pacific Crest initiated coverage on CyberArk Software (NASDAQ: CYBR) with a Sector Weight rating. Analyst Rob Owens doesn't see compelling valuation.

"CyberArk is a compelling play on the promising opportunity in privileged access management given the company's differentiated platform, operating leverage and market momentum. With lofty expectations reflected in its valuation, we would look to get more constructive on a valuation reset or further evidence of an inflection in TAM capture," said Owens.

For an analyst ratings summary and ratings history on CyberArk Software click here. For more ratings news on CyberArk Software click here.

Shares of CyberArk Software closed at $51.71 yesterday.

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